Ping An tightens grip on Autohome, directors resign

22 Feb 2017

On Febr. 22 Yun Chen Capital Cayman, an affiliate of Ping An Group, acquired about 6.5 percent of the total issued shares of Australia’s Telstra Holdings. The move pushed Yun Chen Capital Cayman’s beneficial shareholding in Autohome Inc. to about 53.9 percent.

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Don Gasper