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PING AN Plans to Sell Fund Stakes to Reduce Investment in Software Sector: Wire
PING AN (02318.HK) is seeking to sell its holdings in certain funds to reduce its private equity investments in the software sector, Bloomberg quoted sources as saying.The Group ha...
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PING AN (02318.HK)  -1.100 (-1.753%)    Short selling $328.94M; Ratio 21.597%   is seeking to sell its holdings in certain funds to reduce its private equity investments in the software sector, Bloomberg quoted sources as saying.

The Group has tapped Campbell Lutyens to sell stakes valued at approx. US$1 billion, with the process having commenced in March, the report added.

Related News M Stanley Cuts PING AN (02318.HK) TP to HKD89, Maintains Overweight Rating as Top Pick
The portfolio mainly comprises two software-focused funds managed by Vista Equity Partners, which primarily invested in North America. Furthermore, there is also another North America-focused fund managed by KKR & Co..
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-13 16:25.)

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