Ping An Insurance (2318 HK, 601318) Stock Jumps Toward 52‑Week High on Morgan Stanley Upgrade and Strong 2025 Earnings Momentum
Ping An Insurance shares surged 6.71% in Hong Kong on Friday, closing at HK$60.45 after Morgan Stanley raised its target price to HK$89 and named the company a top sector pick. Trading volume hit 99 million shares, far above the previous day’s 14 million. The stock now trades near its 52-week high, with a market cap of about HK$1.10 trillion.
