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Stock Market & Financial Investment News

News Breaks
December 4, 2012
19:36 EDTHBCHSBC sells 15.6% Ping An stake for $9.4B, Bloomberg reports
HSBC (HBC) is selling its 15.6% stake in Ping An Insurance, China's second-largest insurer, for HK$59 per share, or $9.4B, to Charoen Pokphand Group, according to a Bloomberg report that cites an HSBC statement to the Hong Kong Exchange. Reference Link
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