Ping An’s stake has risen to 7 per cent from just over 5 per cent in December last year. Photo: Reuters

China’s Ping An Insurance overtakes BlackRock to become HSBC’s biggest shareholder

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Ping An’s 7 per cent stake, worth about US$12 billion, overtakes the 6.6 per cent held by the American asset management giant

Topic | Ping An Insurance

Zen Soo

Published: 10:40pm, 6 Nov, 2018

Updated: 6:34am, 7 Nov, 2018

Ping An’s stake has risen to 7 per cent from just over 5 per cent in December last year. Photo: Reuters

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Zen Soo

Zen Soo joined the Post in 2015. She covers China technology, in particular e-commerce, online to offline and mobile payments. She also writes about Southeast Asian tech companies.