BRIEF: OneConnect receives privatization offer from parent Ping An
Financial technology services provider OneConnect Financial Technology Co. Ltd. (OCFT.US; 6638.HK) said on Monday that its controlling shareholder, financial services giant Ping An Group, has offered to take the company…
OneConnect in forced divorce from parent Ping An
The financial software services provider will shutter its cloud business, whose main clients were its parent and other related companies Key Takeaways: OneConnect will shutter its cloud services division, which…
ZhongAn may be betting on property rebound with Shanghai office buys
The online insurer has agreed to purchase two office buildings in Shanghai’s iconic Bund area amid signs that China’s commercial property market may have hit bottom Key Takeaways: ZhongAn has…
PODCAST: Ping An Trust Misses a Payment, and SAIC Sells Down Its India Venture
Ping An Trust has missed a $100 million payment on a wealth management product tied to Zhenro, a property developer. Does this show the woes afflicting China's trust industry are creeping up the food chain to top-tier names like Ping An? And leading automaker SAIC has sold 51% of its India venture to local partners for $624 million. Is this purely a commercial move, or is it also motivated by concerns about recent China-India tensions?
Juicy margins set Zhongmiao apart among stodgy insurers
The insurance broker controlled by home-appliance maker Haier has filed for an IPO, boasting solid profits underpinned by its focus on corporate policies and a light cost structure Key Takeaways:…
ZhongAn weathers feeble economy with business from online shoppers, travelers
The digital insurer posted solid gross written premium growth for January and all of 2023, likely on the back of its popular insurance products for online shoppers and travelers Key…
CHINA BULLETIN: More Sagging Exports and Deflation, but an Import Surprise
In this week’s issue an import surprise, Nio slims down and Hong Kong investors to feast on Sichuan-spicy hot-and-sour noodles.
Recent Articles
RELATED ARTICLES
-
BRIEF: Ping An Healthcare controlling shareholder makes share offer, says no plans for privatization
1833.HK 2318.HK 601318.SHG -
Bumper dividend could trigger buyout for Ping An Health
1833.HK
-
BRIEF: Lifestyle China raises privatization offer price
2136.HK
-
Youdao looks to parent, global markets to revive stalling growth
DAO.US
-
BRIEF: Ping An Healthcare records first annual profit
1833.HK
- Baige flies into IPO on demand for its popular – but costly – insurance risk services
-
NEWS WRAP: JD.com completes Dada Nexus takeover with privatization bid
DADA.US
