China Pingan Shares in Hong Kong drop as much as 6.8% on Mon...
China Pingan Shares in Hong Kong drop as much as 6.8% on Monday even though the company said PA insurance funds have zero exposure, negative equity nor debt, including China Evergrande, other Investment exposures risks are under control.
China's Ping An Hong Kong stock fell 6.8% on Monday, but the company saidIts insurance capital has manageable “zero exposure to equity and debt” real estate investment risks for real estate companies such as Evergrande.
Hang Seng Index dropped to drop, down 2.4%.
The Hang Seng Index continued to decline and is now down 2.4%.
Hang Seng Index Sub Indicators - Property tumbles 5.5% in the morning session, to the lowest level since July 2016, due to Evergrande contagion.
The Hang Seng Real Estate Index fell 5.5% to its lowest level since 2016, mainly affected by Evergrande.
FTSE China A50 index futures traded in #Singapore extends to 3%.
FTSE China A50 Index futures continued to decline, falling more than 3%.
$PING AN (02318.HK)$
$HSI Sub Indices – Property (800154.HK)$
$EVERGRANDE (03333.HK)$
$FTSE China A50 Index Futures(NOV4) (CNmain.SG)$
$Hang Seng Index (800000.HK)$
China's Ping An Hong Kong stock fell 6.8% on Monday, but the company saidIts insurance capital has manageable “zero exposure to equity and debt” real estate investment risks for real estate companies such as Evergrande.
Hang Seng Index dropped to drop, down 2.4%.
The Hang Seng Index continued to decline and is now down 2.4%.
Hang Seng Index Sub Indicators - Property tumbles 5.5% in the morning session, to the lowest level since July 2016, due to Evergrande contagion.
The Hang Seng Real Estate Index fell 5.5% to its lowest level since 2016, mainly affected by Evergrande.
FTSE China A50 index futures traded in #Singapore extends to 3%.
FTSE China A50 Index futures continued to decline, falling more than 3%.
$PING AN (02318.HK)$
$HSI Sub Indices – Property (800154.HK)$
$EVERGRANDE (03333.HK)$
$FTSE China A50 Index Futures(NOV4) (CNmain.SG)$
$Hang Seng Index (800000.HK)$
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