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China’s Insurance Giant Thinks It’s a Tech Company. Maybe It Is.

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Heard on the Street: Ping An is the second-biggest insurer on the planet, but it wants to be a tech company

The $190 billion Chinese company, which also has sizable banking, asset-management and fintech arms, argues its heavy investment in technology differentiates it from

other insurers. Because of China’s relatively loose approach in areas such as data privacy, Ping An can use technology in ways its non-Chinese peers could only dream...

 

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That’s great I’d keep it. We also want the regular suburbs. Then we’ll go back and refurbish the older cities.

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