HK Stock Market Move | Ping An Healthcare (01833) soared by over 13%, proposed special dividend of HK$9.7 per share.

Ping An Health (01833) surged over 13%, as of the end of the report, it rose 13.39% to HKD 16.6, with a turnover of 2.61 billion Hong Kong dollars. On the news front, Ping An Health announced that on November 14, 2024, the board of directors proposed to distribute a special dividend from the company's reserve premium account, amounting to HKD 9.7 per share. China Securities Co., Ltd. previously pointed out that since the implementation of the 2.0 strategic transformation, Ping An Health has been continuously advancing its F-side and B-side strategic business development, with the restructuring of its business being basically completed by 2023. The bank believes that with the continuous empowerment of the company's F-side business by Ping An Group, the B-side business is rapidly growing through group channels and self-expanding channels, combined with efficiency improvements and cost optimization brought by information technology. The bank is optimistic about the company's continued growth as a professional and comprehensive provider of medical, elderly care, and health management services.