Ping An Insurance (PNGAY) may not be seen as an investor's first choice, particularly in the midst of the coronavirus panic, but there are several good reasons to consider this Chinese financial titan as a prospective investment. To do so, a bottom-up perspective is needed.
From a top-down perspective, concern about the epidemic's impact on the Chinese economy and on global growth in general has been manifest. While the overall economic impact of the coronavirus outbreak is still impossible to determine, preliminary estimates forecast a 2% drop in growth rate this quarter, which