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PING AN INSURANCE GROUP
Global Market | Chinese bank stocks outperform on prospects of eased shareholder rulesChinese banking stocks showed resilience as regulators consider relaxing shareholder restrictions, potentially allowing investors to hold m...- HSBC Q3 pretax profit slides 42% on France sale, credit lossesHSBC, which makes the bulk of its sales and profit in Asia, came under pressure from Ping An Insurance Group, the Chinese firm that is its ...
- IL&FS sells Chinese expressway stake to address Rs 2,600 crore debtThe stake is sold to China Merchants and Pingan Infrastructure Phase 1 Equity Investment Fund (Tianjin) Co Ltd, a fund jointly owned by Pin...
- IL&FS sells Chinese road assets, cuts Rs 2.6k cr debtThis is the largest transaction for IL&FS since the sale of its wind energy assets to Orix.
- IL&FS gets approval to sell China road assetIL&FS Group has received Justice (Retd) D.K. Jain's approval for sale of its Chinese road asset - Chongqing Yuhe Expressway Co Ltd (CYEC) t...
- IL&FS to sell Chinese road asset for Rs 2074 croreIL&FS owns 49% in the asset through a Singapore subsidiary ITNL International Pvt Ltd (IIPL) while Chongqing Expressway Group held the bala...
- CarDekho raises $70 million in new funding round led by Ping An Global Voyager FundSunley House Capital Management is the second new investor, while CarDekho’s existing backers, Sequoia Capital and Hillhouse also participa...
- JPMorgan fund manager says always buy the dip in emerging marketsIndian banks are starting to win market share as more people seek financial services.
- China traders paying double for PICC shares after IPO surgePICC Group was the first insurance company to list on the mainland in seven years.
- PolicyBazaar looks for cover in SoftBank’s healthy startup listFirm planning to work with China’s Ping An Insurance Group as a model for DocPrime.
- Total market cap of top 100 global companies reaches USD 20 trillion: ReportAmazon is the strongest performer in terms of absolute increase in market capitalisation, gaining USD 278 billion or 66 per cent in value c...
- HSBC enters China's life insurance marketHSBC Life Insurance Co, a joint venture set up by HSBC and the Beijing-based National Trust, opened for business in Shanghai marking global...
- Chinese insurer to record $2.3 bn loss on FortisPing An Insurance Co., one of China's biggest insurers, said Monday it will record a $2.3 billion loss on its stake in troubled European ba...
- China's Ping An to take $2.3 bn loss on FortisPing An Insurance said on Sunday that it would report a loss of about 15.7 billion yuan ($2.3 billion) on its investment in troubled Europe...
- Generali pulls out as RBS Insurance deadline nearsItaly's Generali dropped out of the running for Royal Bank of Scotland's insurance arm on Wednesday, hours ahead of a first bid deadline, p...
- Global churn may bring Chinese insurance firms to IndiaChinese insurance firms could end up having a strategic stake in life insurance in India if their global acquisition plans attain fruition.
- Chinese shares slightly higher in morning tradeChina share prices were slightly higher in Friday morning trade as sentiment improved after Ping An Insurance held off its massive refinanc...
- Chinese insurer acquires 4.2% in Fortis for $2.7 bnChina’s state-owned companies spent almost $17 billion on overseas financial purchases in 2007, buying stakes in Barclays, Bear Stearns, Bl...
- China to allow insurers to double stock playChina will allow insurers to double the share of assets invested in local equities.
- Banking investment in China set to skyrocketAround $5.7 billion in insurance capital could flood into China's banking sector this year after the nation's insurance watchdog unveiled a...
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