News Snapshot:
Premium Thai conglomerate Charoen Pokphand Group Co. Ltd. (CP Group) has offloaded another HK$16 billion ($2 billion) of its holdings in Ping An Insurance (Group) Co . of China Ltd., in the wake of the insurance giant’s muted profit growth in the first quarter of this year. Continue reading this story with a subscription to DealStreetAsia. Subscribe Already a subscriber? Log in Contact us for corporate subscriptions at subs@dealstreetasia.com .