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China Property: Private Equity's role is the new hot potato

Ping An Real Estate โ€” with 110 billion yuan in assets โ€” held around 10 billion yuan in cash, covering only half of its interest-bearing debt due in the next 12 months. Its business operations and liquidity positions have deteriorated rapidly alongside Chinaโ€™s property slump, with sales falling by more than half from their 2021 high
Ping An Shenzhen Anchuang Investment Management Co Ping An Bank Co Ping An Insurance Group Co China Life Insurance Co Ping An Real Estate Co

Ping An triumphs at BDO ESG Awards-- "Outstanding ESG Performance of H-share Companies Awards"

Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) is pleased to announce it has won the "Outstanding ESG Performance of H-share Companies Awards" and received the Certificate of Merit of the "Theme Award" at the BDO ESG Awards 2023. The recognition is testament to Ping An's outstanding performance in environmental, social and governance ("ESG") prac...
Ping An Hong Kong Ping An Group United Nations Environment Programme Finance Initiative Rural Communities Support Ping An Rural Communities Support
Source: yahoo.com

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