Ping An Insurance (Group) Co. News

Ping An Insurance (Group) Co., China’s second-largest insurer, said it will raise HK$36.8 billion ($4.75 billion) in Hong Kong’s biggest share sale in almost two years to replenish equity and working capital. The company will sell 594 million new H …

Ping An Insurance (Group) Co., China’s second-largest insurer, said first-half profit grew 19 percent as premium income climbed and banking revenue increased. Net income rose to 21.4 billion yuan ($3.5 billion), or a diluted 2.55 yuan [$0.41] a share, from …