Ping An Insurance

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.

17 May 2013

The high-profile fight between Shanghai Jahwa United's management and its major shareholder, Ping An Insurance, ended happily yesterday, with a mouthpiece of the Chinese communist party calling on...

4:06AM
15 May 2013

A conflict that pitted management at the cosmetics firm Shanghai Jahwa United against its major shareholder, Ping An Insurance, has caused concern among mainland equity investors as top executives...

4:01AM
16 Mar 2013

Ping An Insurance Group, the second-biggest insurer by premium, says it is gradually moving into property and corporate bonds to reduce its dependence on equity returns amid the raging volatility...

3:32AM
15 Mar 2013

Analysts expect the bottom line of Ping An Insurance to get a boost from the mainland's economic recovery after the company missed market expectations with a 3 per cent rise in net profit last...

4:38AM
4 Feb 2013

Shares of HSBC and Ping An Insurance are expected to rise today on the back of bullish equity market sentiment, and news that mainland regulators have approved HSBC's US$7.4 billion sale of its...

4:00AM
1 Feb 2013

The mainland regulator has approved the sale of HSBC's remaining US$7.4 billion stake in Ping An Insurance, which had appeared to be on the brink of collapse after weeks of raging speculation.

11:37AM

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

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

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

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

HSBC, which is selling its entire Ping An stake in a high-profile deal to a Thai firm amid growing doubts in the market and press, finally broke its silence last night at the request of the Hong...

4:00AM

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

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