Ping An Insurance shares jump on plan to tap market for HK$36.8b

Ping An Insurance shares jumped in early trading on Monday morning after the company said it plans to raise HK$36.83 billion by selling 594 million Hong Kong-listed H shares at HK$62 each – 4.7 per cent lower than Friday’s closing price of HK$65.05.

via South China Morning Post - Business feed http://ift.tt/1yyAu6H