Beijing big money behind Ping An stake sale

More than half of the money that Thailand's Charoen Pokphand (CP) Group plans to spend on acquiring a major stake in Ping An Insurance comes from the central government-controlled China Development Bank (CDB), sources say - an arrangement market experts say is rare.

via Business feed http://www.scmp.com/news/article/1104879/beijing-big-money-behind-ping-stake-sale