Ping An Insurance (Group) Co<601318><2318>, China's second-largest insurer, announced yesterday that its net profit attributable to shareholders was RMB 6.92 billion in the first three quarters of this year, versus a net loss of RMB 534 million recorded in the same period of last year.Basic earnings per share...
HSBC Holdings<5><HBC>, the biggest bank by market value in Europe, has no intention of selling its shareholding in Ping An Insurance (Group) Co<601318><2318>, sources reported, citing Vincent Cheng, HSBC Asia Pacific Chairman, as saying.Ping An Insurance, 16.8% held by HSBC, is China's second...
Ping An Insurance (Group) Co<601318><2318>, China's second-largest insurer, has signed an agreement with Greentown Real Estate Group to invest RMB 15 billion over the next three years in real estate projects developed by the Hangzhou-based property developer, sources reported. Ping An Trust...
Ping An Insurance (Group) Co<601318><2318>, China's second-largest insurer, reported a worse-than-expected 45% decline in first-half net profit due to lower investment gains, increasing tax expenses and higher payouts for claims, sources reported.The life insurer said in a statement filed with the Shanghai...
U.S.-based financial holding company JPMorgan Chase & Co has reduced its H-share holding in Ping An Insurance (Group) Co<601318><2318> to 5.96% from the 6.1% it held earlier, according to the bourse operator Hong Kong Exchanges and Clearing (HKEx)<0388>....
Shenzhen Development Bank Co Ltd(SDB)<000001> plans to issue around 500 million new shares to Ping An Insurance (Group) Co<601318><2318>, China's second-largest insurer, to raise its capital adequacy ratio, sources reported.The new shares will be priced at RMB 22 apiece and will give Ping An a...
Ping An Insurance (Group) Co<601318><2318>, China's second-largest insurer, plans to acquire Shenzhen Development Bank Co Ltd<000001> through a share swap as part of its effort to expand its banking business, domestic media reported....
HONG KONG, June 8 - Trading in shares of Ping An Insurance Co of China Ltd <2318.HK> was suspended on Monday, the Hong Kong exchange said. No further details were immediately available....
Ping An Insurance (Group) Co<601318><2318>, China's second-largest insurer, is making preparations for its long-awaited entry into investment in property, sources reported on Tuesday, citing Ma Mingzhe, chairman and CEO of the group. The company has hired qualified personnel and established internal...
Ping An Insurance (Group) Co<601318><2318>, the second biggest insurance company in China, said its insurance premiums surged 37.09% year on year to RMB 33.49 billion in the first two months of 2009. According to the company's statement filed with the Shanghai Stock Exchange on Wednesday, its...