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...
- Wed
- Jun 19, 2013
- Updated: 6:36am
Trending topics
Ping An
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.
8 Apr 2013
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-...
5:31AM
9 Feb 2013
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...
4:51AM
5 Feb 2013
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.
4:37AM
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
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.
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.
10:41AM
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.
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.
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
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,...
11:39AM
3:05PM
3:16AM
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