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Ping An Wealth Management H1 net profit falls 21% year-on-year; AUM drops below 1 trillion yuan mark

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The first set of semi-annual operating data from a bank wealth management subsidiary is out. Ping An Bank (000001.SZ) disclosed in its 2026 interim report that its wealth management subsidiary, Ping An Wealth Management, posted first-half net profit of 553 million yuan (approximately $82.2 million), down 21% year-on-year, extending last…

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