Page 22 - Ping An News Today

It was fairly quiet overnight as Mainland China and Hong Kong bounced around the room to end mixed.

Asian share markets rallied and the dollar was weaker after most U.S stocks edged higher and the S&P 500 recorded its longest winning streak.

Chinese stocks closed flat on Thursday after latest consumer prices data revived worries on recovery, while investors weighed developments in the property sector and other stimulus measures. ...

US jobless claims rise; China slips into deflation; Ping An loses; Apple loses; air travel up; container freight rates up; UST 10yr 4.62%; gold up and oil stays low; NZ$1 = 59.4 USc; TWI-5 = 69.3

Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden, the nations biggest private property developer, four people familiar with the plan said.

When Chinas largest developer Country Garden first skipped debt payments in August, its shares tumbled 14%, marking a reversal of fortunes: from industry poster child to another troubled property...

BEIJING: When China's largest developer Country Garden first skipped debt payments in August, its shares tumbled 14 per cent, marking a reversal of fortunes: from indust

Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden, the nation's biggest private property developer, four people familiar with the plan said.

By P.R. Venkat Ping An Insurance denied a news report that the company was asked by authorities to take over Country Garden Holdings and its debts. The company hereby solemnly declares...

The Hong Kong-listed shares of Chinas Ping An Insurance Group fell more than 4% on Wednesday after Reuters reported that Chinese authorities had asked the company to take a controlling stake in...