Ping An Denies Funding Thai Tycoon’s Purchase of Its Shares

Ping An Denies Funding Thai Tycoon’s Purchase of Its Shares – Fox, December 23, 2012
…A report published Saturday on the website of Caixin’s Century Weekly magazine said that only a third of the funding for the first phase of the sale came from Charoen Pokphand’s subsidiaries, with the rest from three Chinese banks controlled by a local investor named Xiao Jianhua. Mr. Xiao owns stakes in a number of listed Chinese companies, the report said…

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