INVESTORS: Alibaba executive chairman Jack Ma and Tencent chairman Pony Ma are just some of Ping An's new backers.
BEIJING: The founders of Alibaba Group Holding Ltd and Tencent Holdings Ltd were among a consortium of investors who purchased stakes in Ping An Insurance Group Co of China Ltd in a HK$36.5bil (RM16.15bil) deal, in one of the largest Hong Kong share offerings of the year.
Alibaba executive chairman Jack Ma was one of Ping An's new backers, according to a person familiar with the matter. Tencent chairman Pony Ma also participated, according to domestic financial news magazine Caijing.
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