Why did China Ping An and Shenzhen Development both suspend trading?
China Ping An Insurance (Group) Co., Ltd. and relevant parties are actively promoting the unprecedented major asset restructuring planned by the company, which is the integration of Ping An Bank Co., Ltd. and Shenzhen Development Bank Co., Ltd. As this matter needs further consultation and demonstration, the company's shares will continue to be suspended from the date of this announcement until the relevant matters are determined and the relevant results are disclosed.