login
login

Europe Daily Bulletin No. 8317

12 October 2002
Contents Publication in full By article 43 / 46
ECONOMIC INTERPENETRATION / (eu) banks

The British group HSBC has acquired, through its subsidiary HSBC INSURANCE HOLDINGS, a 10% stake in the Chinese insurance firm PING AN for the sum of EUR 612 million. PING AN is the second largest life insurance company in the country with a 29% market share and a volume of annual premiums of $4.8 billion.

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION