Comment on the rumors that Ping An Insurance could acquire a majority stake in Country Garden-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Comment on the rumors that Ping An Insurance could acquire a majority stake in Country Garden

Brian Tycangco 鄭彥渊
2023-11-08

#IMPORTANT $Ping An Insurance (Group) Company of China Ltd.(PNGAY)$ $Global X MSCI China Real Estate ETF(CHIR)$ $Country Garden Holdings Co., Ltd.(CTRYY)$ $COUNTRY GARDEN(02007)$

Reuters just reported that Beijing has asked Ping An Insurance to take a controlling stake in Country Garden.

#CN_Note Ping An Insurance has 5.31% common shares of Country Garden now, according to the latest data.

#China #CountryGarden #Property #Realestate

Image

My comment:

Rumors of Beijing instructing Ping An to take a controlling stake in Country Garden are making the rounds in Hong Kong. Ping An denied the rumor. Over the years, Ping An had reduced its stake in the firm from 2.2 billion shares to 1.4 bn as of August 2023.

If proven true, the significant bailout of the troubled developer would help restore confidence in the Chinese property sector.

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MaxChua
·2023-11-08
这不会恢复人们对中国的信心，只会让事情变得更糟，投资者会争相退出，因为优秀的公司被迫吸收僵尸公司。没有投资者会希望这样...如果这是真的，这是中国政府的疯狂举动....那么在中国不可投资这个词可能终究是真的
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Rollyxuxu
·2023-11-08
Ping An sacrificed to save them. As a shareholders it breaks my heart
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Ping An denied the rumor. Over the years, Ping An had reduced its stake in the firm from 2.2 billion shares to 1.4 bn as of August 2023.</p><p><strong>If proven true, the significant bailout of the troubled developer would help restore confidence in the Chinese property sector.</strong> </p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3817d3495bb1196c7e36378df2c64ffc\" tg-width=\"560\" tg-height=\"240\"></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7fcc20ed4f8147f51ecce7c5c22bce36\" tg-width=\"560\" tg-height=\"240\"></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7e1a38f21b0930cfa5d0db6fe14b20f6\" tg-width=\"560\" tg-height=\"240\"></p><p></p></body></html>","htmlText":"<html><head></head><body><p>#IMPORTANT  <a data-mention-id=\"PNGAY\" class=\"teditor-mention\" data-mention-name=\"Ping An Insurance (Group) Company of China Ltd.\" href=\"https://ttm.financial/S/PNGAY\">$Ping An Insurance (Group) Company of China Ltd.(PNGAY)$</a>  <a data-mention-id=\"CHIR\" class=\"teditor-mention\" data-mention-name=\"Global X MSCI China Real Estate ETF\" href=\"https://ttm.financial/S/CHIR\">$Global X MSCI China Real Estate ETF(CHIR)$</a>  <a data-mention-id=\"CTRYY\" class=\"teditor-mention\" data-mention-name=\"Country Garden Holdings Co., Ltd.\" href=\"https://ttm.financial/S/CTRYY\">$Country Garden Holdings Co., Ltd.(CTRYY)$</a>  <a data-mention-id=\"02007\" class=\"teditor-mention\" data-mention-name=\"COUNTRY GARDEN\" href=\"https://ttm.financial/S/02007\">$COUNTRY GARDEN(02007)$</a> </p><p>Reuters just reported that Beijing has asked Ping An Insurance to take a controlling stake in Country Garden. </p><p>#CN_Note Ping An Insurance has 5.31% common shares of Country Garden now, according to the latest data. </p><p>#China #CountryGarden #Property #Realestate</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/0fb200f0128b1917100c0160771fb5d9\" tg-width=\"810\" tg-height=\"900\"><span>Image</span></p><p>My comment:</p><p>Rumors of Beijing instructing Ping An to take a controlling stake in Country Garden are making the rounds in Hong Kong. Ping An denied the rumor. Over the years, Ping An had reduced its stake in the firm from 2.2 billion shares to 1.4 bn as of August 2023.</p><p><strong>If proven true, the significant bailout of the troubled developer would help restore confidence in the Chinese property sector.</strong> </p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3817d3495bb1196c7e36378df2c64ffc\" tg-width=\"560\" tg-height=\"240\"></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7fcc20ed4f8147f51ecce7c5c22bce36\" tg-width=\"560\" tg-height=\"240\"></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7e1a38f21b0930cfa5d0db6fe14b20f6\" tg-width=\"560\" tg-height=\"240\"></p><p></p></body></html>","text":"#IMPORTANT $Ping An Insurance (Group) Company of China Ltd.(PNGAY)$ $Global X MSCI China Real Estate ETF(CHIR)$ $Country Garden Holdings Co., Ltd.(CTRYY)$ $COUNTRY GARDEN(02007)$ Reuters just reported that Beijing has asked Ping An Insurance to take a controlling stake in Country Garden. #CN_Note Ping An Insurance has 5.31% common shares of Country Garden now, according to the latest data. #China #CountryGarden #Property #Realestate Image My comment: Rumors of Beijing instructing Ping An to take a controlling stake in Country Garden are making the rounds in Hong Kong. Ping An denied the rumor. Over the years, Ping An had reduced its stake in the firm from 2.2 billion shares to 1.4 bn as of August 2023. If proven true, the significant bailout of the troubled developer would help restore confidence in the Chinese property sector.","highlighted":1,"essential":2,"paper":2,"likeSize":65,"commentSize":2,"repostSize":12,"favoriteSize":0,"link":"https://ttm.financial/post/239164069675024","repostId":0,"isVote":1,"tweetType":1,"viewCount":5871,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["CHIR","PNGAY","CTRYY","02007","02318"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":707,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":106564883,"commentId":"106564883","gmtCreate":1699429956710,"gmtModify":1699430595718,"authorId":4093050850756480,"author":{"id":4093050850756480,"idStr":"4093050850756480","authorId":4093050850756480,"name":"MaxChua","avatar":"https://community-static.tradeup.com/news/e2906600d1aec06dc464a56e004564e1","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"传说交易员","description":"证券或期货账户累计交易次数达到300次","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.09.20","exceedPercentage":"93.23%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":13,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":239164069675024,"objectIdStr":"239164069675024","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"这不会恢复人们对中国的信心，只会让事情变得更糟，投资者会争相退出，因为优秀的公司被迫吸收僵尸公司。没有投资者会希望这样...如果这是真的，这是中国政府的疯狂举动....那么在中国不可投资这个词可能终究是真的","text":"这不会恢复人们对中国的信心，只会让事情变得更糟，投资者会争相退出，因为优秀的公司被迫吸收僵尸公司。没有投资者会希望这样...如果这是真的，这是中国政府的疯狂举动....那么在中国不可投资这个词可能终究是真的","html":"这不会恢复人们对中国的信心，只会让事情变得更糟，投资者会争相退出，因为优秀的公司被迫吸收僵尸公司。没有投资者会希望这样...如果这是真的，这是中国政府的疯狂举动....那么在中国不可投资这个词可能终究是真的","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0},{"id":106564877,"commentId":"106564877","gmtCreate":1699428868077,"gmtModify":1699428881005,"authorId":3580207873824156,"author":{"id":3580207873824156,"idStr":"3580207873824156","authorId":3580207873824156,"name":"Rollyxuxu","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":239164069675024,"objectIdStr":"239164069675024","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Ping An sacrificed to save them. As a shareholders it breaks my <u>heart</u>","text":"Ping An sacrificed to save them. As a shareholders it breaks my <u>heart</u>","html":"Ping An sacrificed to save them. As a shareholders it breaks my <u>heart</u>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0}],"hasMoreComment":true,"orderType":2}