Page 23 - Ping An News Today

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. China's State Council, which is headed by Premier Li Qiang, has instructed the local government of Guangd

The Australian Dollar (AUD) moves below a major level, extending the losses for the third successive day following the dovish rate statement by the Reserve Bank of Australia (RBA).

Benjamin Deng, Investment Director at Ping An, talks about his positioning in Chinese markets as a long-term investor. He also mentions the challenges posed by export restrictions and chip controls...

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...

Shares of Ping An fell on Wednesday afternoon after a report that Beijing has asked the giant insurance group to take a controlling stake in Country Garden.…

Shares of Country Garden ended sharply higher on Wednesday after a report that the Chinese government wanted Ping An Insurance to take control of the company.

Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden.

Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden, the nation's biggest private property developer, Reuters reported on Wednesday, citing sources familiar with the plan. A state-engineered rescue of Country Garden by Ping An would be one of the most significant interventions to date by China to support its cash-squeezed, highly indebted property sector, which accounts for one-quarter of economic activity. Ping An, based in the s...

Wall Street stocks' longest winning streak in two years - clocking seven straight daily gains - has been underscored by a slump in crude oil prices to their lowest in over three months - reining in inflation expectations and worrisome bond yields. Along with the cooling labor market and Tuesday's data on rising credit card delinquencies, softer energy prices have pulled two-year U.S. inflation expectations in the bond market to just 2.2% - their lowest in almost a month. Decent deman...

Strategies To Right-Size Your China Exposure Please click here to register.