Alibaba, Tencent chairmen invest in China's Ping An Insurance

BEIJING (Reuters) - The founders of Alibaba Group Holding Ltd and Tencent Holdings Ltd were among a consortium of investors who purchased stakes in Ping An Insurance Group Co of China Ltd in a HK$36.5 billion ($4.7 billion) deal on Sunday, in one of the largest Hong Kong share offerings of the year.

from Reuters: Business News http://ift.tt/11MYA0R