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Blackrock Core Bond Trust shares rise 1.93% after-hours as Ping An Insurance plans HKD 11.8 billion convertible bond offering.
ByAinvest
Tuesday, Jun 3, 2025 7:02 pm ET1min read
Blackrock Core Bond Trust rose 1.93% in after-hours trading, with Ping An Insurance (Group) Company of China, Ltd. planning to raise HKD 11.8 billion ($1.5 billion) through convertible bonds. The insurer will use the proceeds to develop its core business, support new initiatives in healthcare and elderly-care, and strengthen its capital position.
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