Ping An shares rise on unit listing plan

Ping An Insurance(Group) Co of China Ltd shares listed in Hong Kong zoomed to a historical high of HK$93.40 ($11.94) on Friday after the insurer released an announcement about the financing channels of its technology subsidiaries.

In Hong Kong, the company's shares closed at HK$93.30 after logging an intraday gain of 0.9 percent, while its Shanghai listed shares fell 0.03 percent to 77.59 yuan ($12.08).

The Shenzhen-based firm said on Thursday that it will take the necessary measures for the strategic transformation of its technology business, "including but not limited to seeking all kinds of external financing for certain units" when appropriate in the future.