Ping An Insurance (Group) Co. shares rose the most in eight months, leading Chinese insurers higher, after HSBC Holdings said it will sell its entire stake for US$9.4 billion to a Thai company, removing investor uncertainty. Ping An, China’s second-largest insurer, advanced 4 per cent to HK$59.95 in mid morning trade, the most since April 13.
via Business feed http://www.scmp.com/business/money/market-snapshot/article/1097941/ping-rises-hsbc-stake-sale-thai-group
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