[New post] SCMP: Ping An’s first-half profit hit as China’s largest insurer sets aside provisions of US$5.5 billion related to troubled mainland developer

alanyeo posted: " First-half net profit at China's largest insurer fell 15.5 per cent to 58 billion yuan (US$8.94 billion) from 68.7 billion yuan a year ago, misses estimatesInsurer set aside provisions of 35.9 billion yuan for impairment losses and adjusted valuation of " Respond to this post by replying above this line New post on Alpha Edge Investing SCMP: Ping An's first-half profit hit as China's largest insurer sets aside provisions of US$5.5 billion related to troubled mainland developer by alanyeo First-half net profit at China's largest insurer fell 15.5 per cent to 58 billion yuan (US$8.94 billion) from 68.7 billion yuan a year ago, misses estimates Insurer set aside provisions of 35.9 billion yuan for impairment losses and adjusted valuation of its investments in China Fortune Land Development Enoch Yiu Published: 6:38pm, 26 Aug, 2021 […] Read more of this post alanyeo | August 27, 2021 at 6:07 pm | Categories: News | URL: https://wp.me/p7fA1-3na Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/08/27/scmp-ping-ans-first-half-profit-hit-as-chinas-largest-insurer-sets-aside-provisions-of-us5-5-billion-related-to-troubled-mainland-developer/ Thanks for flying with WordPress.com