Caixin
May 03, 2016 02:21 PM

Did a Chinese Insurer Cross the Investor Line?

(Beijing) – Short-term, investment-linked insurance policies and high-stakes stock trades helped Funde Sino Life Co. Ltd. rocket from almost nowhere a decade ago to rank as China's No. 3 life insurer today.

But the recent detention of company founder and businessman Zhang Jun has raised doubts about the Shenzhen-based firm's business practices and growth trajectory.

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