China’s Ping An H1 Profit Rises 18% on Higher Premiums, Banking Income

By L.S. Howard Ping An Insurance (Group) Co., China’s second-largest insurer, said first-half profit rose 18 percent as growth in premiums and banking revenue helped offset the impact of stock-market declines that have hit rivals. Net income climbed to 40.8 billion yuan ($6.2 … Read More

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