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...
- Mon
- Mar 4, 2013
- Updated: 8:44pm
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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.
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.
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...
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...
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...
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...
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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...
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.
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.
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...
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.
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