- Ping An Lost 10.5 Billion Yuan on Fortis
As the largest shareholder of Fortis Group, Ping An Insurance was hit hard when the European company posted a 49 percent decline in net profit in the first half of 2008.
- The Olympic Promise
Beijing got a lot out of the 2008 Olympics, but not everything the analysts predicted. Some economists knew better.
- China Proposes Exchangeable Bonds
China’s securities regulators designed exchangeable bonds as a means of easing the pressure resulting from newly freed shares from lock-up period.