China’s largest insurer Ping An Insurance (Group) has sold HK$392 million (US$50 million) worth of its shares in London-based HSBC in an apparent tantrum days after reports that the bank’s …
China’s Ping An Insurance Group, the biggest Asian investor in HSBC, did not support reappointing HSBC CEO Noel Quinn as a director to the bank’s board at its shareholder meeting, …
Hong Kong stocks rose after a rally in heavyweight insurers and casino operators boosted the benchmark, lifting it off a five-week low. The Hang Seng Index jumped 1.1 per cent …
Ping An Insurance (Group), China’s largest insurer by market capitalisation, said its earnings fell for 2023 to their lowest level in five years, as strong sales of new policies were …
Ping An Insurance-backed financial services provider Lufax Holdings is set to acquire Hong Kong virtual lender Ping An OneConnect Bank (PAOB) from OneConnect Fintech Technology for HK$933 million (US$119.5 million). …