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Ping An Bank
Ping An Bank Co., Ltd. is a Chinese joint-stock commercial bank with its headquarters in Shenzhen. It primarily operates in Mainland China with a representative branch in Hong Kong. The bank offers services in retail and corporate banking, including investment banking services. As a subsidiary of Ping An Insurance, the bank is one of the three main pillars of Ping An Group: insurance, banking and asset management. The bank reverse takeover publicly traded company Shenzhen Development Bank and retained the stock code of the bank in 2012. As one of twelve joint-stock commercial banks in China, Ping An Bank is a component of the FTSE China A50 Index, Hang Seng China 50 Index, and CSI 300 Index The CSI 300 () is a capitalization-weighted stock market index designed to replicate the performance of the top 300 stocks traded on the Shanghai Stock Exchange and the Shenzhen Stock Exchange. It has two sub-indexes: the CSI 100 Index and the CS ... amongst others. Honors Ping An Bank was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ping An Insurance
Ping An Insurance known also as Ping An of China (), full name Ping An Insurance (Group) Company of China, Ltd. is a Chinese holding conglomerate whose subsidiaries provide insurance, banking, asset management, financial, healthcare services. The company was founded in 1988 and is headquartered in Shenzhen. "Ping An" literally means "safe and well". In 2022, Ping An ranked 17th on the Forbes Global 2000 list and 25th on the Fortune Global 500 list. Ping An ranked 21st among the World’s top 500 Most Valuable Brands and fourth among global financial enterprises in the Global 500 2022 Report by Brand Finance. The company is considered to be the world's largest insurer, with US$121.7 billion net premiums written in 2020. Its market capitalization was US$136 billion in March 2021, making it the largest insurer in the Asia-Pacific region. Ping An Insurance is one of the top 50 companies in the Shanghai Stock Exchange. It is also a constituent stock of Hang Seng Index, an index of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FTSE China A50 Index
FTSE China A50 Index (was known as FTSE–Xinhua China A50 Index) is a stock market index by FTSE Group (FTSE–Xinhua joint venture until 2010), the components were chosen from Shanghai Stock Exchange and Shenzhen Stock Exchange, which issue A-share; B-share (share for foreigners) were not included . Other similar product were CSI 300 Index (and the sub-index CSI 100) by China Securities Index Company and "Dow Jones China 88 Index" by S&P Dow Jones Indices. For top 50 companies in the Shanghai Stock Exchange, see SSE 50 Index, For top 100 companies in the Shenzhen Stock Exchange, see SZSE 100 Index. Constituents Other indices * FTSE China B Share All Cap Index all B shares in Shenzhen and Shanghai Stock Exchange (currently 57 companies) * Hang Seng China Enterprises Index top 50 H shares in Hong Kong Stock Exchange * Hang Seng China-Affiliated Corporations Index top 25 Red Chips in Hong Kong Stock Exchange * FTSE China 50 Index, top 50 H shares, P Chip and Red Chip in Hong ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1995
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Shenzhen
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of China
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies In The CSI 100 Index
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The Shenzhen Stock Exchange
This is a list of companies on the Shenzhen Stock Exchange up to 2011, along with their capital, industry, and listing date. Many of these are subsidiaries of state-owned enterprises. 000001-000099 000100-000499 000500-000599 000600-000699 000700-000799 000800-000899 000900-001999 2001-2100 {, , - , colspan=7, , - , - , align="center" style="background:#f0f0f0;", Code , align="center" style="background:#f0f0f0;", Short-name , align="center" style="background:#f0f0f0;", Listing date , align="center" style="background:#f0f0f0;", Issued capital , align="center" style="background:#f0f0f0;", Negotiable capital , align="center" style="background:#f0f0f0;", Industry , align="center" style="background:#f0f0f0;", Http , - , 002001, , NHU, , 25.06.2004, , 483,964,000, , 440,019,780, , Petrochemicals, , http://www.cnhu.com , - , 002002, , JSQH, , 25.06.2004, , 166,894,000, , 122,907,578, , Petrochemicals, , http://www.chinaqionghua.com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CSI 300 Index
The CSI 300 () is a capitalization-weighted stock market index designed to replicate the performance of the top 300 stocks traded on the Shanghai Stock Exchange and the Shenzhen Stock Exchange. It has two sub-indexes: the CSI 100 Index and the CSI 200 Index. Over the years, it has been deemed the Chinese counterpart of the S&P 500 index and a better gauge of the Chinese stock market than the more traditional SSE Composite Index. The index is compiled by the China Securities Index Company, Ltd. It has been calculated since April 8, 2005. Its value is normalized relative to a base of 1000 on December 31, 2004. It is considered to be a blue chip index for Mainland China stock exchanges. Annual Returns The following table shows the annual development of the CSI 300 Index since 2005. Constituents Sub-Indices Moreover, there are the following ten sub-indices, which reflect specific sectors: * CSI 300 Energy Index * CSI 300 Materials Index * CSI 300 Industrials Index ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hang Seng China 50 Index
Hang Seng China 50 Index () is a pan-China stock market index to represent the top 50 China-based companies in the stock exchanges of Hong Kong, Shanghai and Shenzhen, which covers A share (shares circulated in mainland China), H share (shares circulated in Hong Kong from the mainland China incorporated company), red chip Red chip stocks () are the stocks of mainland China companies incorporated outside mainland China and listed in Hong Kong. It refers to businesses based in mainland China and with (majority) shares controlled either directly or indirectly by a ... (shares circulated in Hong Kong from the companies incorporated outside mainland China with state-owned background) and P chip (shares circulated in Hong Kong from the companies with private background) Components Index tracking fund * Hang Seng China 50 Index Fund by Hang Seng Investment Management Limited References External links * {{Hang Seng China 50 Index Chinese stock market indices Hong Kong ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reverse Takeover
A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. Sometimes, conversely, the public company is bought by the private company through an asset swap and share issue. The transaction typically requires reorganization of capitalization of the acquiring company. Process In a reverse takeover, shareholders of the private company purchase control of the public shell company/ SPAC and then merge it with the private company. The publicly traded corporation is called a "shell" since all that exists of the original company is its organizational structure. The private company shareholders receive a substantial majority of the shares of the public company and control of its board of directors. The transaction can be accomplished within weeks. The transaction involves the private and shell company exchanging information on each other, neg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shenzhen Development Bank
Shenzhen Development Bank Co., Ltd. was a bank based in Shenzhen, Guangdong, China, listed on the Shenzhen Stock Exchange. Ping An Insurance bought the controlling stake in Shenzhen Development Bank in 2011, from Newbridge Capital (16.76%) and from the general public, as well as subscribing new share by injecting Ping An Bank Ping An Bank Co., Ltd. is a Chinese joint-stock commercial bank with its headquarters in Shenzhen. It primarily operates in Mainland China with a representative branch in Hong Kong. The bank offers services in retail and corporate banking, includi ... into Shenzhen Development Bank as its subsidiary. In 2012, the bank was reserved merger with Ping An Bank. References External links * Companies formerly listed on the Shenzhen Stock Exchange Banks of China Companies based in Shenzhen Banks established in 1987 Chinese companies established in 1987 Banks disestablished in 2012 Chinese companies disestablished in 2012 {{China-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
