Companies

Ping An Securities to set up JV with foreign investors via CEPA

BEIJING
2016-03-17 15:38

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Ping An Securities Group (Holdings) Limited (00231.HK) announced on Wednesday that its wholly-owned subsidiary Ping An Securities is mulling the establishment of joint venture (JV) with foreign investors via Closer Economic Partnership Arrangement (CEPA) between the Chinese mainland and Hong Kong.

According to the announcement, documents related to the company establishment are under preparation and will be submitted to the mainland authorities at the proper time. If approved, the group can step into the mainland securities field in the future.

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