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02318 PING AN
RTNominal down29.900 -0.450 (-1.483%)
Others

19/01/2018 08:46

Ping An clarifies reports on technology businesses listing

[ET Net News Agency, 19 January 2018] Ping An Insurance (02318) said it has noted
certain recent media reports regarding the proposed listing of certain technology
companies under the Group.
The insurer clarified that the Group has been proactively developing innovative
technologies to support the development of its main business, while taking measures to
fulfil the need of its technology strategic transformation, including but not limited to
seeking all kinds of external financing for certain technology businesses when appropriate
in the future in order to maximize shareholders' value. The Group is not aware of any
non-disclosed material information that needs to be disclosed at this stage. (HL)

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