HONG KONG, CHINA--(Marketwired - Jul 28, 2017) - CIFI Holdings (Group) Co. Ltd. ("CIFI" or the "Group") (HKSE: 884), has announced to issue 545,000,000 new shares to a subsidiary of Ping An Insurance (Group) Company of China, Ltd. (HKSE: 2318) ("Ping An") at HK$3.50 per share. After the subscription, Ping An will own approximately 10% of the enlarged share capital of CIFI.