Ping An Expands Broad Health Interests With New Fund For Global Tech

China’s huge Ping An insurance group is continuing to build its investments in healthcare through a major new Hong Kong-based fund that will seek overseas technologies alongside the company’s steadily expanding interests in innovative drugs.

Beijing
China Ping An Group Is Expanding Global Investment Portfolio

Ping An Group, China’s largest general insurance company by market value, set up a new investment fund of $1bn in May to access global leading technologies including in the healthcare industry, where the group is looking to innovative business models to create value and bring new technologies back into its established investment ecosystem.

The newly established fund may not invest solely in R&D-based companies for developing new drugs, a Ping An Investment executive...

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