Ping An Insurance’s Delayed Trust Repayment Shows Lingering Property Woes

Ping An Insurance (Group) Co.’s trust business delayed repayment on a property-linked investment product, showing how the financial giant’s asset-management operations are still reeling from China’s prolonged real estate downturn. Ping An Trust apologized on Wednesday to its customers for …

Leave a Reply

Your email address will not be published. Required fields are marked *