Published 4 years ago

China's Ping An Insurance boosts HSBC stake

Summary by Reuters

Ping An Insurance Group Co of China Ltd, the biggest shareholder in HSBC Holdings Plc, has bought additional shares in the British bank to take its stake to 8%.

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Reuters

China's Ping An Insurance boosts HSBC stake

Ping An Insurance Group Co of China Ltd , the biggest shareholder in HSBC Holdings Plc , has bought additional shares in the British bank to take its stake to 8%.

4 years ago·United Kingdom

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South China Morning Post

China’s Ping An raises HSBC stake with stock market purchase amid sell

Ping An Insurance (Group) has raised its stake in struggling UK lender HSBC Holdings by picking up additional shares from the open market just as they slumped to the lowest in more than two decades amid loan losses and concerns over its business dealings.The Shenzhen-based insurer, the world’s largest by market value, bought 10.8 million shares in the bank at an average price of HK$28.2859 per share, according to a September 25 filing. That work…

4 years ago·Hong Kong

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Today

China's Ping An Insurance boosts HSBC stake

HONG KONG - Ping An Insurance Group Co of China Ltd , the biggest shareholder in HSBC Holdings Plc , has bought additional shares in the British bank to take its stake to 8%.

4 years ago·Singapore

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