PING AN BANK CO A
SSE or SZSE Delayed Price. Currency in CNY
|Number of Shares||17.17B|
|Company Name||PING AN BANK CO A|
|MSCI Security Code||28572.01|
- Nov 21 , 2017
PAG Asia Capital Buys Controlling Stake in Chinese Matchmaking Platform ZhenaiZhenai, one of China’s biggest online matchmaking platforms, said that PAG Asia Capital has purchased a controlling stake in it, but did not disclose the terms of the deal.
- Nov 21 , 2017
Ping An Considers Spinning Off Fintech Subsidiaries Lufax, Ping An Health For Independent ListingsPing An Insurance (Group) Company of China [SHA:601318; HKG2318] is considering spinning off its fintech subsidiaries Lujiazui International Financial Asset Exchange Co. (Lufax) and Ping An Health Cloud Co. (Ping An Health) for independent listings, with potentially higher market-caps than sister company Ping An Bank Co. [SHE:000001], Hong Kong Economic Times reported.
- Nov 17 , 2017
China’s Huishan Dairy Prepares for Provisional Liquidation Amid Mounting DebtsChina Huishan Dairy Holdings Co. [HKG:6863] plans to apply for provision liquidation, it said in a filing on Nov. 16, noting that as of March 31 this year, its subsidiaries “could have been” CNY10.5 billion (USD1.58 billion) in debt.
- Sep 27 , 2017
Chinese Flexible Display Unicorn Royole Bags USD800 Million in D-Round InvestmentRoyole Corp., a global leader in the production of flexible displays, has secured USD560 million (CNY3.71 billion) in funds as part of its D-round financing, representing the largest investment received by the firm since its inception, reported ChinaFund, an affiliate of the country’s state-run newspaper People’s Daily.
- Sep 4 , 2017
Banks Freeze USD37 Million in Assets at China’s Leading Electronic Visual Product MakerTwo banks have frozen USD37.4 million (CNY245 million) in asset funds held by Jiangsu Protruly Vision Technology Group Co. [SHA:600074], China’s largest maker of vision products, such as car safety cameras and military night vision, for the non-repayment of loans.
- Aug 17 , 2017
Minsheng Trust Strikes Deal With LeTV, Unfreezes USD180 Million in Bank DepositsChina Minsheng Trust Co. has reached a settlement with debt-laden Leshi Internet Information & Technology Corp. Beijing [SHE:300104], better known under the LeEco brand as LeTV, to unfreeze CNY1.2 billion (USD180 million) in bank deposits, the listed company said in a statement on Aug. 16.
- Aug 1 , 2017
China’s Forex Regulator Chides Banks for USD359 Mln Illegal Transactions for First TimeChina’s State Administration of Foreign Exchange (SAFE) has for the first time publicly announced violations of foreign exchange regulations by nine banks. SAFE has previously punished non-financial companies and individuals who illegally transferred funds out of the country through fake transactions or underground banks, but misconduct by banks was disclosed for the first time.
- Jul 27 , 2017
Ping An Bank Pushes Smart Banking With Use of Big Data, AIPing An Bank Co. [SHE:000001], a Chinese joint-stock commercial bank, is employing Big Data and artificial intelligence to reform the retail banking business and remodel the processes of risk management, precision marketing, intelligent services and other areas.
- Jul 10 , 2017
Major Banks Go Through Sub-Branch Strategic Adjustment, Restructuring, CutsBanks are restructuring their community sub-branch strategy after establishing what seems to be an excessive number of sub-branches, reported Beijing Business Today.
- Jul 6 , 2017
Ping An Bank Responds to Reports It Loaned Leshi USD735 Million, Says Amount Is IncorrectPing An Bank Co. [SHE:000001] has responded to claims that Leshi companies borrowed USD735 million (CNY5 billion) from it, saying the amount is incorrect, Tencent News reported. The report did not provide additional details.
- Jul 4 , 2017
Rates on Certificates of Deposit Rise 40%; Some Money Funds Have Yields of Over 10%Several Chinese banks have increased rates on certificates of deposit (CD) by more than 40 percent to tackle challenges from money funds and to retain major depositors.