10 Yuan 30th Anniversary of China Ping An Group

Ping An Group, founded in Shenzhen in 1988 as China's first joint-stock insurance company, grew into one of the largest financial conglomerates in the world by assets within three decades — a trajectory made possible largely by the particular regulatory liberalization that followed Deng Xiaoping's southern tour of 1992. Corporate anniversary issues commissioned by Chinese state-linked institutions became notably more common after 2010, with the People's Bank of China issuing them under legal tender authority while the commissioning entity typically controls distribution.