Ping An will consider buy-backs of Hong Kong shares, CFO says

//Ping An will consider buy-backs of Hong Kong shares, CFO says

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 …

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By | 2019-03-13T12:38:26+00:00 March 13th, 2019|Business|Comments Off on Ping An will consider buy-backs of Hong Kong shares, CFO says