Page 15 - Ping An Life News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Addison Gong 08.30 AM In this round-up, China’s macro leverage drops on a year-on-year basis for two consecutive quarters, Ping An Insurance Group plans to invest up to Rmb50.75bn ($7.84bn) in troubled conglomerate Peking University Founder Group, and the securities regulator has put more weight on the pre-listing education process of domestic IPO candidates. China held a politburo meeting last Friday. The country’s macro policies will be “consistent, stable, sustainable” and have “no sharp turns”, notes from the meeting said. Prudent monetary policies will be adopted to maintain “reasonable and ample liquidity”, and to keep the renminbi exchange rate “basically stable at a proper and balanced level”. The country pledged to develop the new energy sector and continue working on reducing carbon emissions, and facilitate the recovery of the manufacturing sector as well as private investments.

Ping anZhuhai huafaBureau of financial supervision for the shenzhenAdministration of foreign exchangeShanghai stock exchangeZhuhai huafa group coCouncil assets supervisionPeople bankChina securities regulatory commissionUniversity founder groupShenzhen stock exchangeAdministration commission sasacShenzhen shenchao technology investmentPing an insurance groupState councilState owned assets supervision