Is China Ping An a monopoly company? Why?

China Ping An is a monopoly company. Because it is the only company in China that has obtained all financial licenses. China Ping An is the only company in China that has obtained all financial licenses, and it is also the largest financial group in China. As far as the insurance industry is concerned, China Ping An has a monopoly position. So China Ping An is a monopoly company. Because it is the only company in China that has obtained all financial licenses.