RSSNewsletterSiteMapFeedback

Home · Weather · Forum · Learning Chinese · Jobs · Shopping
Search This Site
China | International | Business | Government | Environment | Olympics/Sports | Travel/Living in China | Culture/Entertainment | Books & Magazines | Health
Home / Business / Finance Tools: Save | Print | E-mail | Most Read | Comment
Ping An doubles profit growth in 2007
Adjust font size:

Ping An Insurance Group reported a 100 percent-plus growth in its net profits for 2007, according to a bulletin released by the company on Tuesday.

 

China's number two life insurer largely attributed the good performance to its continued expansion in insurance, banking and asset management businesses.

 

The company's financial details will be released in its annual report, according to the bulletin. No timetable was given for the report.

 

It recorded a net profit of 7.342 billion yuan (about 1.02 billion U.S. dollars) in 2006, with earnings per share at 1.19 yuan.

 

Ping An is currently waiting for approval by its shareholders for a 150 billion yuan financing plan, the Shanghai-based China Business News quoted a company source as saying on Tuesday. He denied rumors the company would abandon the plan amid public disputes.

 

On Jan. 21, the company said it planned to issue another 1.2 billion A-shares and no more than 41.2 billion yuan worth of convertible bonds.

 

The company's shares plunged by the daily limit of 10 percent on both Jan. 21 and Jan. 22 after the news was released.

 

Market analysts said the huge amount of financing, as well as the lack of explanation on how the money will be used, led to the panic among investors.

 

On Monday, Ping An Insurance plunged by the daily 10-percent limit to 72.53 yuan.

 

The company listed in Hong Kong in 2004 and in Shanghai last year.

 

(Xinhua News Agency January 29, 2008)

Tools: Save | Print | E-mail | Most Read

Comment
Username   Password   Anonymous
 
China Archives
Related >>
- Ping An's additional share issue not feasible
- Ping An plans additional share issue
- Ping An plans joint venture with UOB
- Ping An gets offshore nod
Most Viewed >>
-January CPI expected to rise 6.5%
-Lucrative Yuanmingyuan duplication scheme
-Lenovo to sell mobile unit for US$100m
-Tight monetary policy must not be eased
-Emergency coal shipped to power plants in S China

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback

Copyright ? China.org.cn. All Rights Reserved E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP證 040089號

主站蜘蛛池模板: 精品久久久久不卡无毒| 1000部拍拍拍18勿入免费凤凰福利| 日韩免费毛片视频| 亚洲国产欧美日韩一区二区| 男同免费videos欧美| 向日葵app在线观看下载大全视频| 韩国日本好看电影免费看| 国产私人尤物无码不卡| 91精品乱码一区二区三区| 天天爽夜夜爽人人爽| 一本一道波多野结衣大战黑人| 无码成人AAAAA毛片| 国产又黄又爽胸又大免费视频| 在线观看精品视频看看播放| 在线观看成人网站| www久久只有这里有精品| 成人区人妻精品一区二区不卡 | 欧美精品videossex欧美性| 亚洲黄色在线视频| 男人的天堂av社区在线| 午夜免费福利在线观看| 翁想房中春意浓1-28| 国产乱子伦在线观看| 韩国三级黄色片| 国产性感美女在线观看| 黄色福利小视频| 国产特级毛片aaaaaa高清| aa级国产女人毛片水真多| 国产精品成人无码免费| 8x8x在线观看视频高清视频| 大香焦伊人久久| A国产一区二区免费入口| 天天拍夜夜拍高清视频| www.日韩在线| 开心五月激情综合婷婷| 中国毛片免费看| 成人av鲁丝片一区二区免费| 两性色午夜免费视频| 成人人观看的免费毛片 | 波多野结衣大战三个黑鬼| 亚洲综合AV在线在线播放|