Shenzhen Development Bank
Shenzhen Development Bank Co., Ltd. was a bank based in Shenzhen, Guangdong, China, listed on the Shenzhen Stock Exchange. Ping An Insurance bought the controlling stake in Shenzhen Development Bank in 2011, from Newbridge Capital (16.76%) and from the general public, as well as subscribing new share by injecting Ping An Bank into Shenzhen Development Bank as its subsidiary. In 2012, the bank was reserved merger with Ping An Bank. References External links Companies formerly listed on the Shenzhen Stock Exchange Banks of China Companies based in Shenzhen Banks established in 1987 Chinese companies established in 1987 Banks disestablished in 2012 Chinese companies disestablished in 2012