China's bluechip-tracking Hushen 300 index changes its sample on Monday to include more growth stocks. [Photo: tooopen.com] China's bluechip-tracking Hushen 300 index changed its sample on Monday to include more growth stocks. While ...
Tags: stocks, Hushen 300 Index
Peer-to-peer lending, websites that allow individuals to borrow money from other individuals without going through banking middlemen, is facing its first serious government regulation as defaults undermine confidence in the online systems. ...
Ping An Insurance (Group) Company of China Limited (SHSE: 601318 and SEHK: 2318) revealed net profit attributable to shareholders of CNY 17.91 billion in the first half of 2013, rising 28.3% year on year. EPS were CNY 2.26. Net assets per ...
Tags: Insurance
Surrender value of four listed insurance companies in China reached CNY 34.3 billion in the first quarter of 2013, growing 40% to 100% over a year earlier. Surrender value of China Life hit CNY 20.088 billion, surging 102.6%, and the ...
Foreign banks continue selling stake in Chinese lenders due to uncertainties of the Chinese economy. Sources said recently that HSBC would sell an eight percent stake in Bank of Shanghai, a city-level commercial lender in the Chinese ...
Tags: Foreign Bank, bank, economy
By the insurance assets managements’ news of "one-to-one" and "one-to-many", the majority products of the Ping An insurance declined on February 18, among them Chinese Ping An declined 4.53%, others such as Chinese Pacific Insurance ...
The China Insurance Regulatory Commission (CIRC) has given its approval to the sale of HSBC’s remaining $7.4bn stake in Ping An Insurance to Charoen Pokphand Group (CP Group) in Thailand. CP Group's indirect wholly-owned ...
HSBC Insurance and HSBC Asia Pacific have agreed to dispose of their entire 15.57% shareholding in Ping An Insurance (Group) Company of China to Thailand's Charoen Pokphand (CP) group for HK$72.7bn ($9.38bn). Under terms of the deal, CP ...
Tags: HSBC, Ping An Insurance, insurance, dispose
UK-based HSBC Holdings PLC is likely to dispose of its 15.6% interest in China’s Ping An Insurance. Undisclosed sources were cited by a Chinese-language Hong Kong Economic Journal as saying that Thai businessman Dhanin Chearavanont ...
Tags: PLC, interest, Ping An Insurance, insurance