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...
- Thu
- Jun 20, 2013
- Updated: 11:50am
Trending topics
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
11 Jan 2013
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
8 Jan 2013
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
24 Dec 2012
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
24 Dec 2012
The man behind HSBC's Ping An stake sale is said to be as secretive as James Bond, with his weapon of choice his financial wizardry. Xiao Jianhua founded and controls the low-profile but immensely...
11:22AM
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