China Instructs State Insurers to Review Exposure to Russia, Ukraine March 4, 2022 By Ye Xie and Selena Li China has told top state insurers to perform urgent checks on their exposure to Russia and Ukraine, as concerns swirl...
China Urges International Cooperation on Financial Services, Technology Regulation January 28, 2021 By Brenda Goh and Cheng Leng SHANGHAI— China’s regulators want to step up exchanges with international counterparts and strengthen co-operation on anti-trust issues, data treatment and...
China’s Ant Group Wins Final Nod from Securities Watchdog for $35B IPO October 22, 2020 By Colin Qian, Julie Zhu and Meg Shen China’s Ant Group has won the final nod from the country’s top securities watchdog for the registration of its Shanghai...
Ant Group Eyes Raising $17.5 Billion via Hong Kong IPO Without Cornerstone Investors September 24, 2020 China’s Ant Group plans to raise about half of its $35 billion dual listing via the Hong Kong leg, without...
Chinese Crowdfunding, Insurance Site Waterdrop Raises $230 Million, Plans U.S. IPO August 20, 2020 By Kane Wu and Scott Murdoch Chinese online insurance technology platform Waterdrop Inc. has raised $230 million in a new funding round led by reinsurer Swiss...
Alibaba’s Ant Group Makes Preparatory Filing in China for Giant IPO August 14, 2020 By Kane Wu Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding, has made a preparatory filing with China’s securities...
China Re Is Weighing Establishing U.S. Operation: Reuters April 1, 2020 BEIJING, April 1 (Reuters) – China Reinsurance Group Corp said on Wednesday it will carefully consider its plan to set...
Chinese Regulator Gears Up for Opening of Financial Sector – and Foreign Competition January 16, 2020 Chinese financial institutions are completely capable of coping with foreign competition as the $40 trillion financial sector is freed up,...
Finance, Insurance Sector ‘Wins’ in U.S.-China Trade Deal Seem Familiar January 15, 2020 By Michelle Price and Sumeet Chatterjee The long-awaited U.S.-China trade deal touted wins for U.S. companies looking to access China’s $40 trillion financial sector, but many...
What the New U.S.-China Trade Agreement Says on Insurance January 15, 2020 By Andrew G. Simpson President Donald Trump and Chinese Vice Premier Liu He signed an economic and trade agreement that promises to increase the...