Exclusive | "King of PE" delivers goods, Ping An plans to acquire three Logistics Assets from Blackstone in South China.

① Journalists have learned from several informed sources that Ping An Group plans to acquire 100% equity of Blackstone's three Logistics Assets in South China, specifically in Dongguan Daling Mountain, Dongguan Changping, and Foshan Nanhai TCL project; ② Some personnel from Institutions believe that the structure of the main entities in the warehousing and Logistics Trade market has undergone some changes, shifting from foreign capital dominating the warehousing market to a more active presence of self-use buyers and domestic buyers in the trading market.

cls.cn04:58 ET

Express News | Blackstone Plans to Sell Three Logistics Projects in China to Ping an Life Insurance Co. for About 2.7 Billion Yuan- Bloomberg News

Reuters23:14 ET

Major measures for financial opening! Lowering the access threshold for Financial Institutions from Hong Kong and Macao to the mainland. How will capital from Hong Kong and Macao ignite the mainland Insurance market?

① On one hand, it will help accelerate overseas Financial Institutions' investment in China's Insurance market, partially alleviating the current capital tightness in the Insurance Industry; ② On the other hand, it will also be beneficial in introducing products and experiences from mature Insurance markets; ③ Some experts believe that if a capital investment of billions of dollars comes in, it could leverage a large-scale premium.

cls.cnFeb 26 06:58 ET

Ping An Health Launches "Ping An Xin Yi" AI Doctor Assistant Service to Enhance Accessibility and Satisfaction in Medical Services

PR NewswireFeb 26 04:06 ET

Hong Kong stocks are fluctuating | The Mainland Insurance Companies expanded their gains at the close as regulators continue to guide insurance companies to reduce liability costs. The rise in long-term interest rates helps alleviate allocation pressure.

The Mainland Insurance Companies' gains expanded at the close, as of the time of writing, New China Life Insurance (01336) rose by 6.89%, priced at 28.7 Hong Kong dollars; China Pacific Insurance (02601) rose by 6.39%, priced at 25.8 Hong Kong dollars; The People's Insurance (01339) rose by 5.12%, priced at 4.11 Hong Kong dollars; Ping An Insurance (02318) rose by 4.73%, priced at 48.7 Hong Kong dollars.

Zhitong FinanceFeb 26 02:31 ET

Postal Savings Bank Of China (01658.HK) received a Shareholding of 13.084 million shares from Ping An Insurance.

On February 26, according to the latest equity disclosure information from the Stock Exchange, on February 20, 2025, the Postal Savings Bank Of China (01658.HK) was increased by Ping An Insurance (Group) Company Limited in the market by 13.084 million shares at an average price of HKD 4.9195 per share, involving approximately HKD 64.3667 million. After the Shareholding increase, Ping An Insurance (Group) Company Limited's latest shareholding number is 1,391,340,000 shares, with its shareholding ratio rising from 6.94% to 7.00%.

Gelonghui FinanceFeb 25 18:39 ET