Reading Time: 2 minutes It looks like it. On Monday Jan 21 we have the biggest drop of global stock markets in recent years (see the quoted news below). I want to talk a little about the Chinese market in specific. It appears to me two pieces of news helped driving the market down. The huge secondary offering of… Continue reading Is sky falling in stock markets?
Tag: ping-an-insurance
Ping An and China Life bid shares from each other
Reading Time: < 1 minute This is what I heard from a guest at “Market today” (China-CBN). Here is how it works: China Ping’an insurance (601318, 2318.HK) and China Life insurance (601628, 2628.HK, LFC) holds significant shares (more than 3%) from each other. Now they are buying shares from each other in the market, which will drive their stock prices… Continue reading Ping An and China Life bid shares from each other