CHINA TOPIX

05/02/2024 01:00:03 pm

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China insurance regulatory commission

Insurance Cards

China's Insurance Industry Posts 54% Profit Decline in H1

Unfavorable returns on investments pushed China's insurance industry to 54 percent earnings slide for the first six months of the year, according to the China Insurance Regulatory Commission (CIRC).

Hilton To Sell Landmark Waldorf-Astoria Hotel For Close To $2 Billion

China to Investigate Anbang Insurance's Business Model

China's insurance regulators are planning to investigate Anbang Insurance Group Co. following its recent real estate shopping spree in the United States.

Alibaba Health ventures with major insurance company to tap potential online health operations in China.

Alibaba Taps Online Health Insurance Operations, Invests $154M with Six Other Firms

Alibaba's healthcare subsidiary is setting up a joint venture with a Chinese insurance company, an attempt to tap China's online health insurance operations.

China's Anbang says it has not reached overseas investment quota yet

China's Anbang Claims it has not Exceeded Overseas Investment Quota Yet

China's Anbang Insurance said that it has not exceeded its overseas investment quota yet following reports that it may be facing local policy barriers after raising its offer for Starwood Hotels & Resorts Worldwide at $14 billion, outbidding Marriott International's latest bid.

China Stock Market

Chinese Regulators Latest Move: Major Stockholders Forbidden from Selling Shares

Chinese regulators issued a new ruling on Wednesday prohibiting stockholders who own more than five percent shares in a corporation from selling them within the next six months. Authorities hope that the latest directive can at least pare down the selling frenzy in the Chinese stock market.

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