Ping An Faces RMB15.7 bn Write Down, Covance & Wuxi Drop JV Plans
Source: http://www.bizchina-update.com/content/view/1436/2/Posted on Tuesday, October 7th, 2008 | In China
Contributed by: Biz China Update (http://www.bizchina-update.com) -
Ping’An Faces RMB15.7 bn Write Down
China’s second largest insurance company Ping An has been reportedly hit to the tune of RMB15.7 bn after the collapse of Belgian-Dutch bank Fortis. The extent of the impact will be announced to investors in a timely manner once the preparation of the Group’s…
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