In Part 1 of this article, I’ve shared on the incredible business moat of both Ping An’s core insurance and tech businesses such as its fin-tech, health-tech companies supported by its in-house core technologies which include AI, block-chain and cloud ecosystems. One of its tech unicorns, Ping An Good Doctor (Included in the Hang Seng Tech Index) seen its revenue from online healthcare services grew 106.8% year on year in the first half of 2020 and its online platform was accessed 1.11 billion times during the peak of the COVID-19 epidemic [1]. If you haven’t read the Part 1 of this article, do check it out prior to reading Part 2. We will be touching on the Management and Financial aspects of the business in Part 2.