Ping An as seen by the media: tip-offs, denials and rows
The past week was hectic in terms of the news coverage of HSBC's deal to sell its stake in Ping An Insurance. Much of the focus was on who the behind-the-scenes buyer was.
Today, I will try to offer a personal look at the coverage from behind the scenes.
As a journalist who has covered the mainland's financial industry for more than a decade and written a book about foreign banks in China, I was not surprised when HSBC announced its intention to sell its entire 15.6 per cent stake in Ping An, which the bank had held for a decade.
via Business feed http://www.scmp.com/business/article/1127315/ping-seen-media-tip-offs-denials-and-rows