Ping An Insurance Company of China (HK:2318) has released an update.
Ping An Insurance Company of China has announced that it may issue U.S. dollar-denominated convertible bonds and other debt financing instruments over the next three years, following authorization from its annual general meeting. The decision to issue financing will be made with the aim of maximizing shareholder interests, in line with the company’s business development and capital plans, while adhering to legal and regulatory obligations.
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