China Ping An: Intends to issue 11.765 billion Hong Kong dollars of zero-coupon convertible bonds, with an initial conversion price of 55.02 Hong Kong dollars per share.

date
06/06/2025
China Ping An Insurance Group Co., Ltd announced that it plans to issue HK$11.765 billion worth of zero-coupon H-share convertible bonds that will mature in 2030 under its general authorization. This issuance of convertible bonds does not involve the company's A shares. Ping An stated that the underwriters have conducted the book building process, and the terms of the bond have been finalized after the book building process, with an initial conversion price of HK$55.02 per H-share.