Ping An CFO Says Insurer's Strategy Different From Anbang's

  • Ping An `very cautious' on overseas investments, CFO Yao says
  • Yao says company's share price `definitely undervalued'

Ping An Insurance (Group) Co. Chief Financial Officer Jason Yao said that China’s second-biggest insurer has a “very different” investment strategy from smaller rival Anbang Insurance Group Co., which has embarked on an aggressive overseas acquisition push.

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