Dhanin Chearavanont

Photo: Bloomberg

By Gwen Robinson and Jake Maxwell Watts

Dhanin Chearavanont, the 73-year-old patriarch of the Charoen Pokphand group of companies, told a business gathering in Bangkok some months ago the time was right for Thai companies to go shopping abroad. On Wednesday, Dhanin put his money where his mouth was, sealing a $9.4bn deal to buy HSBC’s entire 15.6 per cent stake in China’s second-largest insurer, Ping AnRead more