Ping An’s $4.75b sale shows HK is back

The Chinese insurer’s second attempt at a share sale brings in Temasek and a tycoon as investors. The deal also shakes up banker league tables.

Ping An Insurance’s HK$36.8 billion ($4.75 billion) share sale attracted investors including Temasek and a mainland Chinese tycoon, according to a source.

¬ Haymarket Media Limited. All rights reserved.

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