News Snapshot:
Zacks Investment Research lowered shares of Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) from a buy rating to a hold rating in a research note released on Saturday morning, Zacks.com reports. According to Zacks, “Ping An Insurance Company of China, Ltd. is engaged in providing products and services in insurance, banking and investment to retail customers and corporate clients. It offers life insurance; property and casualty insurance, including motor, property loss, liability, credit and trust, mortgage loan and individual car installment loan; health insurance comprising accident, committed governmental health insurance management, health consulting, and reinsurance; and annuity products, such...
