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Only 1 insurer assessed to have full range of investment management capabilities

Ping An Pension is the only insurer out of 117 companies assessed to command all five stipulated investment management capabilities, according to a new report released by the Insurance Association of China (IAC). There are 16 insurance companies with four types of investment management
Ping An Insurance Association Of China Ping An Pension Insurance Association Investment Management

Indebted Chinese developer Zhenro asks to delay restructuring amid 'strained' conditions, Ping An unit's lawsuit threat

Shanghai-based developer, facing 61.86 billion yuan (US$8.5 billion) in debts, says it needs more time to consider restructuring plan amid slumping sales and slow asset disposal as the property market crisis grinds on.
Ping An Hong Kong Ping An Insurance Group China Real Estate Information Corporation Lunar New Year China Developer
Source: scmp.com

China Market Update: Risk Off On Middle East Tensions & Trade Data, Week In Review

Asian equities ended the week with a thud, with Indonesia and Pakistan closed for Eid al-Fitr. The US dollar was a wrecking ball overnight, causing the Asia Dollar Index to decline by -0.19% as the South Korean Won underperformed by -0.89% overnight, with the US 10-year Treasury yield over 4.5%.
South Korea Hong Kong Ping An South Korean Kweichow Moutai Janet Yellen
Source: forbes.com

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