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Ping An Votes On Re-Financing, CSRC Watches Closely 

2318.HK, 601318.SH, CSRC, China Securities Regulatory Commission, Ping An Insurance, Shang Fulin

Posted by: Li Jun on Mar 05, 2008 | 16:03

Editorial Summary

Ping An Insurance (601318.SH, 2318.HK) A- and H- shareholders attended an extraordinary general meeting on Wednesday to vote for a proposed issue of no more than 1.2 billion A-shares. Ping An suspended trading while investors considered the deal that could raise as much as RMB160 billion for the company.

The same day, the China Securities Regulatory Commission (CSRC) said it would strictly examine public company financing plans, reports finet.hk quoting CSRC chairman Shang Fulin.



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Keywords in this article:
2318.HK, 601318.SH, CSRC, China Securities Regulatory Commission, Ping An Insurance, Shang Fulin

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