China’s Ping An Becomes Second Biggest Shareholder In HSBC With 5.01% Stake

Login to View

Chinese insurer Ping An Insurance Company of China Ltd. has emerged as the second-biggest shareholder in HSBC Holdings, as Ping An’s asset management arm acquired an additional 10 million HSBC shares on Tuesday, taking its total shareholding in HSBC to 5.01% from 4.96%, Ping An disclosed in a filing today.

Continue reading with a China Money Network subscription

Join Now

Already have an account or paid subscription? Log in