Italy’s Generali to Acquire Full Control of Chinese Non-Life Joint Venture for $108M January 10, 2024 Italy’s biggest insurer Generali on Wednesday said it would acquire full control of a non-life insurance joint-venture in China by...
China Broker TIAN RUIXIANG Agrees to Buy Hong Kong’s Peak Consulting Services January 8, 2024 TIAN RUIXIANG Holdings Ltd., the Beijing, China-based insurance broker, announced its subsidiary TRX HongKong Investment Ltd., has entered into a...
China Sets Tougher Capital Rules for Registering New Firms December 29, 2023 By Bloomberg News Chinese lawmakers changed the country’s Company Law by setting tougher capital rules for registering a new firm, an effort to...
JD.com Wins Anti-Monopoly Lawsuit Against Alibaba December 29, 2023 Chinese online retailer JD.com 9618.HK said on Friday that it won a lawsuit against rival Alibaba 9988.HK, which was fined...
China Offers Insurance to Rubber Producers to Encourage Higher Output December 11, 2023 By Mei Mei Chu China’s government said on Monday it has started offering insurance for natural rubber producers, to encourage higher output and increase...
German Companies Seeking to Cut Risk of Doing Business in China: Survey December 5, 2023 By Sarah Marsh Nearly half of German companies operating in China are taking measures to reduce the risk of doing business there largely...
Tesla China Offers Insurance Subsidy on Some Models Bought Before Year-End November 28, 2023 Tesla China is offering insurance subsidies for some types of Model 3 and Model y for purchases before the end...
Ping An Loses $3.1 Billion in Value on Country Garden Buy Report November 9, 2023 By Bloomberg News A report that Chinese authorities asked Ping An Insurance Group Co. to rescue Country Garden Holdings Co. sent the insurer’s...
China’s Ping An Sold Stake in Country Garden, Has No Plans to Buy the Troubled Firm November 8, 2023 By Bloomberg News Ping An Insurance (Group) Co. said it doesn’t hold any shares in Country Garden Holdings Co. and has no plans...
China Eases Investment Rules for Insurers in Bid to Boost Flows Into Stocks November 1, 2023 By Bloomberg News China has taken a move that effectively allows insurance firms to make longer-term investment in shares, adding to a drumbeat...