Ping An Insurance Favored, Ample Capital Says

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Nov. 29 (Bloomberg) -- Alex Wong, director of asset management at Ample Capital Ltd. in Hong Kong, talks about China's insurers. People’s Insurance Company (Group) of China, parent of the nation’s largest property insurer and the fifth-largest life insurer, is seeking as much as HK$27.8 billion ($3.6 billion) in what may become Hong Kong's biggest initial public offering in more than two years. Wong speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)