The HK$72.7 billion deal for 1.23 billion Ping An H shares has proved to be a good one for the agricultural conglomerate controlled by Dhanin Chearavanont, the richest man in Thailand.
- Tue
- May 21, 2013
- Updated: 6:00pm
Trending topics
1 Feb 2013
Views on whether the second part of the transaction, worth about US$7.4 billion, can be completed are divided after several dramatic turns of events, including the transfer out of Hong Kong the...
5:23AM
24 Jan 2013
The head of China Development Bank's Hong Kong branch has been moved back to Beijing after an internal probe into a loan deal for the US$9.4 billion bid by a Thai conglomerate for HSBC's holding...
4:58AM
21 Jan 2013
HSBC's high-profile, US$9.4 billion sale of its entire stake in mainland insurance giant Ping An has so far delivered only one thing for China Development Bank chairman Chen Yuan: a lesson that...
2:41PM
12 Jan 2013
Thailand's Charoen Pokphand Group yesterday issued a statement reaffirming that it had the means to acquire HSBC's US$9.4 billion stake in Ping An Insurance, in a bid to scotch reports that the...
4:37AM
12 Jan 2013
HSBC confirms that it is not aware of any information [in relation to the sale of its control in Ping An Insurance], which must be announced to avoid a false market in HSBC's securities, or of any...
4:02AM
3 comments
It looked like a stroke of luck at a difficult time for HSBC - a chance to make a big profit from selling one of its most valuable assets in China.
1:28PM
The head of China Development Bank's Hong Kong branch has been suspended after a U-turn by the state-owned lender over its proposed involvement in a deal for HSBC's stake in Ping An Insurance.
10:42AM
The possible collapse of a high-profile deal for HSBC to exit from Ping An Insurance would be a lose-lose culmination to a decade-long relationship between Europe's biggest bank by assets and the...
4:08AM
Mainland regulators are poised to reject a US$9.4 billion bid by a Thai conglomerate to purchase HSBC's entire stake in Ping An Insurance.
10:42AM
A high-profile, US$9.4 billion bid by a Thai conglomerate to buy HSBC's stake in a leading mainland insurance company appears to be in danger as sources say that China Development Bank (CDB) is...
10:42AM
Reports that a secretive mainland businessman with close links to Hong Kong tycoons and mainland officials played a key role in Charoen Pokphand Group's plan to buy HSBC's Ping An stake raise...
9:14AM
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