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China property rescue? Who are Ping An Insurance Group and Country Garden?

HONG KONG Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden, the nation's biggest private property developer, Reuters reported on Wednesday (Nov 8), citing sources familiar with the plan. A state-engineered rescue of Country Garden by Ping An would be one of the most significant interventions to date by China to.

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Ping An Loses $3 1 Billion on Report China Asked It to Rescue Country Garden

Ping An Loses $3 1 Billion on Report China Asked It to Rescue Country Garden
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Ping An Loses $3 1 Billion in Value on Country Garden Buy Report

(Bloomberg) A report that Chinese authorities asked Ping An Insurance Group Co. to rescue Country Garden Holdings Co. sent the insurer’s stock sliding, wiping out $3.1 billion from its valuation. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearVIX Notches Its Longest Slide Since October 2015: Markets WrapVirginia Democrats Fend Off Republican Sweep in Win for Abortion RightsAdam Neumann Remain

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FOREX-Euro finds footing on hawkish policy remarks, lower energy prices

FOREX-Euro finds footing on hawkish policy remarks, lower energy prices
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Range-bound markets awaits Powell

Range-bound markets awaits Powell
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