In a regulatory filing published on Tuesday, July 16, 2024, the Chinese insurance company Ping An Insurance raised $3.5 billion in the form of convertible bonds.

La compagnie d' assurance chinoise Ping An Insurance declared that the coupon of the & #39; five-year bond was set at 0.875% per annum, paid semi-annually. The bond conversion price was set at HK$43.71 per share. Hong Kong Ping An stock fell by 3.88% to 34.65 HKD, while the wider Hang Seng Index fell