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Ping An Insurance Group Co (SSE:601318, SEHK:2318) and Shenzhen Development Bank (SDB, SSZ:000001) have jointly issued a statement to clarify rumors that their integration plan has been withdrawn by Shenzhen Banking Regulatory Bureau, Shanghai Securities News reported Monday. Ping An Insurance said the acquisition plan is being examined in accordance with the original plan. As [...]
Posts Tagged ‘Shenzhen’
CHINA’S PING AN INSURANCE, SSB CLARIFY INTEGRATION PLAN RUMOURS
Posted by gary on December 21st, 2010
Posted in Insurance News 
Tags: Acquisition Plan, Authorities, China, Insurance, Insurance Group, Insurance Plan, Integration Plan, News Report, Rejection, Sehk, Shanghai Securities News, Shareholder, Shenzhen, Sse, Ssz, Stake, Yuan 
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