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Ping an takes aim at $4bn share harvest.(Asia News)(Ping An Insurance (Group) Company of China Ltd.)

Publication: Vietnam Investment Review
Publication Date: 05-FEB-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
China's securities regulator last week said it has cleared Ping An Insurance (Group) Co., the nation's second-largest insurer, to sell shares in a Shanghai offering that may raise more than $4 billion.

Ping An' s sale of as many as 1.15 billion new yuan-denominated Class A shares, or a 16 per cent stake, would make...

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