Ping An says shareholders to sell 800 mln A-shrs

HONG KONG, Feb 23 (Reuters) - Ping An Insurance , China's second largest insurer, said three of its mainland shareholders would sell 800 million restricted A-shares over the next five years.

The Chinese insurer said about 860 million restricted A-shares held by the three shareholders would become available to the market on March 1, after the expiry of a three-year lock up period.

(Reporting by Donny Kwok; editing by Jonathan Hopfner)

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