The Latest Breaking News from Ping An

The population in China is getting older—and wealthier, better educated, and more skilled. The company sees it as a business opportunity.

London-headquartered bank says profits beat forecasts as it prepares to split eastern and western operations

Majority of shareholders reject proposal to spin off Asian operations, after hour of disruption from campaigners

Minority shareholder Ken Lui leads campaign seeking to split bank’s Asian and western businesses

From its origins owning a small hospital 50 years ago, today Bangkok Dusit Medical Services (BDMS) has become the largest hospital network in Asia-Pacific.

Key Takeaways: OneConnect’s revenue increased 17% in the second quarter, while its loss narrowed by nearly a third The company promoted CEO Shen Chongfeng to the additional role of chairman, consolidating its leadership into a single executive By Warren Yang

The Chinese shareholder has accused HSBC executives of exaggerating the downfalls of separating off the Asian business

Noel Quinn says such a move would come with ‘material costs’ and ‘high risk of failure’

Key Takeaways: ZhongAn warned that it lost as much as 750 million yuan in the first half of 2022, reversing a year-ago profit, due to a drop in its investment income and foreign-exchange losses The digital insurer made its first-ever underwriting profit last year, but its profitability still depends heavily…