Analysis on the Acquisition between Ping an Insurance Company of China, Ltd and Shenzhen Development Bank Limited Company

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Abstract:

June 12, 2009, Ping An Insurance (Group) Company of China, Ltd published announcement that it would adopt " directional addition + agree on transfering " to acquire Shenzhen Development Bank. The news came out, all walks of life proclaimed comments in droves, which account for the majority, so far the transaction has been gained first certainty from the China Insurance Regulatory Commission, Department of Commerce, China's Bank Regulatory Commission, China's Securities Regulatory Commission and other departments. This paper attempts to review the process of this incident, briefly analyze of the advantages and disadvantages after its acquisition, discuss the guided significance to mixed operation of China's financial industry.

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Periodical:

Advanced Materials Research (Volumes 219-220)

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1403-1406

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Online since:

March 2011

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© 2011 Trans Tech Publications Ltd. All Rights Reserved

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