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Encyclopedia > Ping An Insurance

Ping An Insurance is China's second-largest life insurance company. It is listed on the Hong Kong Stock Exchange under the ticker symbol 2318. Life insurance is a type of insurance. ... A company in the broadest sense is an aggregation of people who stay together for a common purpose. ... The Hong Kong Stock Exchange (SEHK) is the stock exchange of Hong Kong. ...


  Results from FactBites:
 
DLA Piper Rudnick Gray Cary | News | DLA Hong Kong advise Ping An Insurance in acquisition of a Chinese foreign joint ... (250 words)
DLA's corporate group in Hong Kong recently advised Ping An Insurance (Group) Company of China, Ltd. ('Ping An Insurance') on its acquisition of Fujian Asia Bank Ltd. Fujian Asia Bank is a Chinese foreign joint venture bank, which was established by the Bank of China and BCA Finance Limited in 1993.
DLA Hong Kong advised Ping An Insurance throughout the entire process of the transaction, which involved entering into an agreement with Bank of China for the acquisition of 50% interest in the registered capital of Fujian Asia Bank Ltd. Fujian Asia Bank Ltd will be renamed Ping An Bank.
Ping An Insurance is expected to increase its holding of interest in the registered capital of Ping An Bank from 50% to 73% by injecting a further £13m into the new company.
  More results at FactBites »


 

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