Caixin Media
05.25.13

Honeymoon’s Over for Sweethearts of SOE Reform

Corporate wedding bells were ringing in 2011 when a trust controlled by insurer Ping An Insurance Group forged a partnership with a Shanghai-based cosmetics maker called Jahwa Group and its listed subsidiary, Jahwa United.

The tie-up was...

Caixin Media
05.20.13

Errors of Aggression Catch up with Underwriter

Ping An Securities Co. has been slapped with a fine by the securities regulator and will lose its stock underwriting license for three months because of its sloppy work in underwriting the initial public offering of a company that turned out to...