Ping An Insurance (Group) Company of China, Ltd. is a Shenzhen-based holding company whose subsidiaries mainly deal with insurance and financial services. The company was founded in 1988.
Ping An Insurance, the mainland's second-largest insurer, says this year will be a challenging one for the investment market but also expects to have more flexibility in maintaining stable returns due to a loosening of controls over insurance funds.Saturday, 15 March, 2014, 1:54am
Ping An Insurance has raised 1.8 billion yuan (HK$2.3 billion) through an offshore yuan bond, signalling a timely comeback for the dim sum market just ahead of a flood of redemptions and refinancings worth nearly 70 billion yuan anticipated over the coming year.30 Oct 2013 - 3:31am
A recovery in the stock markets boosted the earnings of mainland insurers, with China Life Insurance more than tripling its profit in the first nine months of the year and Ping An Insurance increasing its 45.1 per cent.26 Oct 2013 - 2:55am
A new media report says global banking giant HSBC is likely to sell-off more of its Chinese assets, continuing an ongoing divorce by top global lenders tired of slow progress in the complex China market.15 Apr 2013 - 10:55am
Thai billionaire Dhanin Chearavanont has reportedly denied Swiss bank UBS was the mystery lender behind his conglomerate Charoen Pokphand's US$9.4 billion purchase of a stake in China's second-largest insurer, Ping An Insurance.8 Apr 2013 - 5:31am
So, the Thailand tycoon Dhanin Chearavanont has finally paid up for the Ping An Insurance stake and the mainland regulator has approved the sale.
Every party, in particular HSBC, may very well want this to be the end of the fiasco. Yet it is not.
The uncertainty over the deal has been removed but the murkiness remains.9 Feb 2013 - 4:51am
Wong Kar-wai leads Berlin jury7 Feb 2013 - 5:41am
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.5 Feb 2013 - 4:37am
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 perhaps it is time for his bank to be more transparent following years of fast credit expansions, largely owing to Beijing's support.21 Jan 2013 - 2:41pm
The past week was hectic in terms of the news coverage of HSBC's deal to sell its stake in Ping An Insurance. Much of the focus was on who the behind-the-scenes buyer was.
Today, I will try to offer a personal look at the coverage from behind the scenes.14 Jan 2013 - 8:17am
The unraveling of HSBC's sale of its stake in Ping An reflects the big role that Chinese politics can play in such transactions, creating additional risk for minority investors.10 Jan 2013 - 10:41am
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.
CDB is understood to have backed off from its plan to provide loan support for a US$9.4 billion bid by a Thai conglomerate for HSBC's holding in the mainland's No 2 life insurer.15 Jan 2013 - 10:42am
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.15 Jan 2013 - 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 reconsidering its decision to back the deal.15 Jan 2013 - 10:42am
Ping An Insurance (Group) Co. shares rose the most in eight months, leading Chinese insurers higher, after HSBC Holdings said it will sell its entire stake for US$9.4 billion to a Thai company, removing investor uncertainty. Ping An, China’s second-largest insurer, advanced 4 per cent to HK$59.95 in mid morning trade, the most since April 13.5 Dec 2012 - 11:39am