China’s Ping An Insurance posts 6.8% rise in first-half profit

BEIJING/SHANGHAI (Reuters) – Ping An Insurance (Group) Co of China reported a 6.8% rise in first-half net profit in a filing released on Thursday.

The group posted net profit of 74.619 billion yuan ($10.46 billion) up from 69.841 billion yuan in the same period last year.

($1 = 7.1350 Chinese yuan renminbi)

(Reporting by Ziyi Tang and Engen Tham; Editing by David Goodman)