China's Ping An Insurance acquires additional stake in HSBC

China's Ping An Insurance acquires additional stake in HSBC

A logo of Ping An Insurance is seen outside its building in Shenzhen in this February 5, 2013 file photo. REUTERS/Tyrone Siu/File photo

Ping An Insurance Group Co of China Ltd, the biggest shareholder in HSBC Holdings Plc, has bought additional shares in the British bank to take its stake to 8%.