Ping An

Startups • Entrepreneurs • Digital economy

Ping An-backed Lufax to ditch P2P lending amid regulatory woes: sources

(July 18): Lufax, one of China’s largest online wealth management platforms that is backed by financial giant Ping An Insurance, plans to exit its once-core peer-to-peer lending (P2P) business, thr

OKH Global signs cooperation agreement with Ping An logistics unit to develop warehousing services in China

SINGAPORE (Feb 1): OKH Global has entered into a strategic cooperation agreement with Ping An Industrial and Logistics to develop and manage a network of high quality logistics and warehousing faci

M&A

Reuters says GLP to get bids from at least 3 prospective buyers next week

HONG KONG/SINGAPORE (June 23): A Chinese consortium and two private equity firms are likely to submit bids next week to buy Singapore-listed warehouse operator Global Logistics Properties (GLP), pe

OCBC could stand to gain in contest for Hong Kong Life Insurance

SINGAPORE (March 6): A battle is brewing between Yue Xiu Group and a consortium including China UCF Group to acquire Hong Kong Life Insurance, one of the last remaining independent insurance compan

JP Morgan

Citi and JPMorgan top list of globally systemic banks

LONDON (Nov 22): Citi has joined JPMorgan at the top of global regulators' list of systemically important banks, replacing HSBC and meaning the US bank will have to hold extra capital from 2019 to

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