Editorial Summary

Shares of Ping An Insurance (601318.SH, 2318.HK) increased 7.87 percent to close at RMB72.38 in Shanghai on Thursday. The price hike came after more than 90 percent of Ping An shareholders approved the proposed issue of no more than 1.2 billion A-shares and no more than 41.2 billion convertible bonds on Wednesday, reports Shanghai Securities Journal.

China Mobile Ltd. (NYSE: CHL, 941.HK) expects to list no more than 10 percent of its total assets on the Yuan-denominated A-share market, reports 21st Century Herald quoting China Mobile president Wang Jianzhou on Thursday. The company, however, is still waiting on regulatory approval for its homecoming offer.