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Minsheng Investors Acquire $700 Mln of H Shares, Standard Says

By Victoria Richards

Nov. 5 (Bloomberg) -- China Minsheng Banking Corp. investors include Ping An Insurance (Group) Co., China Overseas Land & Investment Ltd., Zijin Mining Group Ltd., Taiwan supermarket chain RT-Mart and three Hong Kong tycoons, the Standard said, citing unidentified people familiar with the matter. Each of the investors will acquire about $100 million of H shares, according to the report.

Last Updated: November 4, 2009 17:35 EST

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