BRIEF-Ping An Securities Group (Holdings) Updates On Delay Of Construction Works For Xiqiao Project

Dec 11 (Reuters) - Ping An Securities Group (Holdings) Ltd :

* PING AN SECURITIES GROUP (HOLDINGS) LTD UPDATES ON DELAY OF CONSTRUCTION WORKS FOR PHASES I AND II OF PROPERTY PROJECT LOCATED IN XIQIAO TOWN

* PING AN SECURITIES GROUP (HOLDINGS) SAYS SCHEDULED COMPLETION, DELIVERY OF PRE-LEASED UNITS UNDER PROJECT EXPERIENCED SOME DELAY

* WILL MAINTAIN ITS PROPERTY DEVELOPMENT BUSINESS

* EXPECTS THAT AFTER COMPLETION OF PHASES I AND II CONSTRUCTION WORKS, PRE-LEASE OF PHASE III MAY BE CARRIED OUT Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)