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Chinese Insurer Ping An Plans to Sell $2.1B Stake in Autohome: Sources

November 12, 2021

Financial conglomerate Ping An Insurance Group of China is seeking to offload its 44% stake in auto services portal Autohome, three people familiar with the situation told Reuters.

Ping An, which is currently the biggest shareholder of Beijing-based Autohome via an offshore entity, has held talks with several strategic and private equity investors for the stake in recent months, said the people.

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