Article by [author-name] (c) South China Morning Post - Read full story here.
Ping An will consider buy-backs of Hong Kong shares, CFO says
Mainland financial giant Ping An Insurance may extend its share buy-back plan to include its Hong Kong equity, according to its chief financial officer Jason Yao.“We will consider repurchasing H-shares in future if management considers the repurchase would benefit shareholders,” Yao told a media briefing in Hong Kong on Wednesday, without providing a timeline or a specific figure on the buy-back.In a stock exchange filing on Tuesday the company said that it plans to spent up to 10 billion yuan …
