【Iran Crisis】Ping An Overseas Under Ping An is Reconsidering Its Exposure to US Investments as the United States is Becoming Unreliable

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The Middle East war continues, and global capital markets remain volatile. Foreign reports indicate that China Ping An (02318)'s overseas investment division is re-evaluating its US exposure.

Tong Kai, Chairman and CEO of Ping An Overseas (Holdings) Limited, stated at the Milken Institute Global Investment Conference that the key issue now is how much to invest in the US and whether to continue doing so, as the US is becoming increasingly unreliable and no longer truly rule-based.

Tong Kai mentioned that Ping An Overseas Holdings is building an overseas investment portfolio of about $60 billion, with some investments in US assets. Although the overall portfolio size is still small, the company is now considering whether to slightly reduce some investments.

Now may be a good time to seriously consider investing in China

He also pointed out that investors looking to move funds out of the US must consider where to deploy these funds. China is likely to be a beneficiary. Benefiting from the stability of the Chinese market and signs of an economic rebound, it could present good investment opportunities. Now may be an ideal time for investors to seriously consider investing in China.

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