"The market was buoyed by a raft of bid rumours yesterday, and Prudential, the UK life insurance provider, featured prominently in the talk of the town. The chatter was sparked by news that Ping An, the Chinese insurance group which was touted as a likely bidder for Prudential in January, had won shareholder approval to raise fresh funds of up to $17bn (£8.5bn)."
http://www.independent.co.uk/news/business/sharewatch/market-report-prudential-driven-up-on-chinese-bid-chatter-792091.html