China Financial Regulator to Raise Insurance Funds’ Limits for Stock Investment April 9, 2025 China’s financial regulator plans to raise limits for insurance funds’ investment in the stock market, as part of action taken...
Sunshine Insurance Declines in Hong Kong Trading Debut December 9, 2022 By Filipe Pacheco and Pei Li China’s Sunshine Insurance Group Co. declined in its trading debut after Hong Kong’s fourth-largest deal this year, potentially the last...
China’s Sunshine Insurance Leans Toward Pricing HK IPO at Bottom of Marketed Range December 6, 2022 By Pei Li and Filipe Pacheco Sunshine Insurance Group Co. is leaning toward pricing its Hong Kong initial public offering at the bottom of its marketed...
Sunshine Insurance Begins Taking Investor Orders for $950 Million IPO November 30, 2022 By Pei Li Chinese insurer Sunshine Insurance Group Co. is seeking to raise as much as HK$7.4 billion ($950 million) in its Hong...
Chubb Gets Regulatory Nod to Raise Stake in China’s Huatai to 83.2% November 18, 2022 Chubb Ltd. announced it has received regulatory approval from the China Banking and Insurance Regulatory Commission to increase the company’s...
China’s Sunshine Insurance Gets Approval for $1 Billion IPO: Sources November 18, 2022 By Pei Li China’s Sunshine Insurance Group Co. has received approval from the Hong Kong stock exchange for an initial public offering that...
China’s Sunshine Insurance to Seek HK Stock Exchange Nod for $1B IPO: Sources October 18, 2022 By Pei Li China’s Sunshine Insurance Group Co. is planning to seek Hong Kong stock exchange approval for its initial public offering as...
Global Financial Firms Reassess Risks of Operating in China if Taiwan Tensions Escalate September 26, 2022 By Ambereen Choudhury, Natasha White and Denise Wee Global financial firms, still smarting from multi-billion dollar losses in Russia, are now reassessing the risks of doing business in...
China Sentences Tycoon Xiao to 13 Years, Fines His Financial Services Group $8.1 Billion August 19, 2022 A Shanghai court on Friday sentenced Chinese-Canadian billionaire Xiao Jianhua, not seen in public since 2017, to 13 years in...
AIA Weighs Purchase of Billion-Dollar Shanghai Tower as Its Expands Business in China August 8, 2022 By Bloomberg News Insurance giant AIA Group Ltd. is in talks to purchase an office at a prime location in Shanghai as it...