$PING AN(02318)$ why kept sliding downwards? The valuation is higher right? 

Find out more here: With stable coins initiative which HK listed companies will benefit with stock price growth? The introduction of stablecoin initiatives in Hong Kong could benefit several HK-listed companies, particularly those in the fintech, banking, and digital asset sectors. Here’s an analysis of potential beneficiaries and their growth prospects:

 equities extended Tuesday’s gains as the pullback in the bond market eased fears over slowing growth. *U.S. Highlights* Dow 34798.00 0.83%S&P 4358.69 0.82%Nasdaq 14631.95 0.92%VIX 17.91 -9.22% o U.S. markets extended Tuesday’s rally as solid corporate earnings eased concerns over slower growth and a pullback in the bond market seeming to confirm that thought process.o The S&P recorded its best set of back to back gains in two months pushing the index to within 1% of yet another fresh all-time high.o Energy shares led on the sharp bounce in crude. Cyclicals were once again featured to the upside with Financials, Materials and Industrials accounting for 3 of the 4 best GICS groups.o Small caps continued to claw back on recent losses with the Russell 2,000 adding another 1.8% br