Ping An Life Increases Stake in ABC's H Shares, Now Holding Over 20%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2026
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Source: aastocks
Ping An Life's Stake Increase: Ping An Life has increased its stake in ABC (01288.HK) by purchasing 95.582 million H shares at an average price of HKD5.7854 per share, totaling approximately HKD553 million.
New Ownership Percentage: Following this acquisition, Ping An Life's ownership in ABC's H shares has risen from 19.79% to 20.1%, marking a significant increase in disclosable stakes.
Analyst Views on 01288
Wall Street analysts forecast 01288 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 01288 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 5.580
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Current: 5.580
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
