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Ping An posts 29% profit drop on China property woes, but sees losses easing

Ping An posts 29% profit drop on China property woes, but sees losses easing

by AIP Online Bureau | Mar 18, 2022 | International News, Life

The insurance group has been shaken in recent quarters by growing concerns about its investments in the highly indebted property sector, which has been hit by a string of developer defaults, credit rating downgrades and slump in shares and bonds SHANGHAI/HONG KONG:...
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