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...
China’s Fosun International Appoints Deutsche Bank to Sell Stake in Peak Re: Sources November 22, 2022 By Kane Wu and Andres Gonzalez China’s Fosun International Ltd. has appointed Deutsche Bank to advise on a potential sale of its stake in Hong Kong-based...
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...
Allianz CEO Baete Sees ‘Huge Opportunity’ From Asset Management in China November 17, 2022 By Bloomberg News Allianz SE sees a “huge opportunity” from asset management in China because the nation needs to diversify overseas investments, its...
China’s Regulators Commit to Growth and Reforms, Seeking to Allay Foreign Concerns November 2, 2022 China’s top financial regulators said on Wednesday that economic growth remains a priority and reforms and liberalization would continue, seeking...
China’s Fosun Weighs Options for Hong Kong-Based Peak Re: Sources October 27, 2022 By Manuel Baigorri Fosun International Ltd. is weighing strategic options for its Hong Kong-based Peak Reinsurance Co. as the Chinese conglomerate looks to...
Moody’s Cuts Fosun International’s Credit Rating Amid Concerns Over Asset Sales October 26, 2022 By Roxanne Liu and Kane Wu Global credit rating agency Moody’s downgraded Fosun International Ltd. by one notch on Tuesday and revised its outlook to “negative”...