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Roan Holdings Group Co., Ltd. Reports Full Year 2020 Financial Results
BEIJING and HANGZHOU, China, May 17, 2021 /PRNewswire/ -- Roan Holdings Group Co., Ltd. ("Roan" or the "Company") (OTC Pink Sheets: RAHGF and RONWF), a financial, insurance and healthcare related .....»»
Ant Troubles Not Over? Jack Ma"s Relations With Regulators Said To Be Under Beijing Scrutiny
Alibaba Group Holdings Ltd (NYSE: BABA)-backed Ant Group is under fresh regulatory scrutiny as China is now probing how the ace entrepreneur Jack Ma won quick approvals for the stock’s initial public offering last year, The Wall Street Journal read more.....»»
E-commerce giant Alibaba facing anti-monopoly probe in China
Chinese regulators on Thursday announced an anti-monopoly investigation of Alibaba Group, the world’s biggest e-commerce company by sales volume, stepping up the ruling Communist Party’s efforts to control fast-gro.....»»
Mirae Asset scraps $5.8 billion deal to buy U.S. hotels from China"s Anbang
South Korea's Mirae Asset Global Investments said on Monday that it has terminated a $5.8 billion deal to buy 15 U.S. hotels from China's Anbang Insurance Group [ANBANG.UL]......»»
Mirae Asset says sued after deadline miss on $5.8 billion Anbang U.S. hotels deal
South Korean asset manager Mirae Asset Global Investments has been sued over a $5.8 billion deal to buy 15 U.S. hotels from China's Anbang Insurance Group after missing a deadline for the deal's closing, a Mirae spokesman said on Tuesday......»»
China took at least 12 strict measures to control the coronavirus. They could work for the US, but would likely be impossible to implement.
Reuters In China, where the novel coronavirus originated last year, cases of COVID-19 have steadily decli.....»»
Coronavirus cases in South Korea jump, China counts 150 more deaths
China announced Monday it has postponed its most important political meetings of the year because of the outbreak of the coronavirus, a significant step for an authoritarian government that has always kept tight control over its political calendar......»»
Senator urges regulators to take action on magnet ingestions
Nearly 1,600 cases were expected to be reported to the nation’s poison control centers this year. Doctors said the magnets pose an unusual risk because just two magnetic balls can cause permanent injuries......»»
China M&A Bankers Face Another Grim Year
Growing protectionism and Beijing’s campaign to control debt will keep a lid on overseas purchases in 2020......»»
Iconic Union Square hotel sold as part of $5.8 billion portfolio deal
One of San Francisco's largest and most iconic hotels has been sold as part of a multi-billion-dollar portfolio sale to a South Korean conglomerate. China's Anbang Group Insurance Co. has agreed to sell 15 hotels, including the 1,195-room Westin St.....»»
Anbang"s Japan properties up for sale, Blackstone seen bidding: sources
China's troubled Anbang Insurance Group has put its $2.4 billion property portfolio in Japan up for sale and previous owner Blackstone Group is bidding, two people familiar with the company's plans said......»»
Hiwin Technologies strives to keep 2019 operation unchanged on year
Mechanical motion control component and industrial robot maker Hiwin Technologies is working to maitain stable business for 2019 in the wake of the US-China trade disputes, , according to company chairman Chuo Wen-heng......»»
Serving women is not a niche and should be a priority
The demographics and trends have been well publicized for a number of years. Next year, women will control $22 trillion. That’s more than the all the goods and services produced (GDP) in China and India combined. Forty eight percent of the mil.....»»
China"s Anbang to offload health insurance unit as government speeds up asset sales
China's Anbang Insurance Group said it will sell its entire stake in a health insurance unit as Beijing speeds up asset disposals at the troubled government-controlled insurance conglomerate......»»
Exclusive: Morgan Stanley likely to gain majority control of China securities JV in H2 - sources
Morgan Stanley is likely to get regulatory approval for owning a majority stake in its Chinese securities joint venture in the second half of this year, people with direct knowledge of the matter told Reuters......»»
China"s policy stimulus may worsen economic distortions: OECD
China's stimulus measures will shore up economic growth this year and next but may undermine the country's drive to control debt and worsen structural distortions over the medium term, the OECD said in a report on Tuesday......»»
The Wall Street Journal: China to lift foreign ownership caps on local banks
China’s central bank governor pledged to expand foreign access to the country’s banking, securities and insurance sectors this year and open a trading link between the Shanghai and London stock exchanges......»»
The Wall Street Journal: China to expand foreigners’ access to stocks, link Shanghai and London exchanges
China’s central bank governor pledged to expand foreign access to the country’s banking, securities and insurance sectors this year and open a trading link between the Shanghai and London stock exchanges......»»
Anbang"s former chairman Wu Xiaohui jailed for 18 years: Xinhua
(Reuters) - A Chinese court has sentenced Wu Xiaohui, former chairman of Anbang Insurance Group Co Ltd [ANBANG.UL], to 18 years in prison, China's state media Xinhua news agency said on Thursday......»»
China sentences founder of Anbang to 18 years in prison
Chinese state media say a court in Shanghai has sentenced the founder of the Chinese insurance company that owns New York City's Waldorf Hotel to 18 years in prison after he pleaded guilty to fraudulently raising billions of dollars from investors......»»