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Troubled Anbang
Former high-flying insurer Anbang is suffering under a pile of debt after a global buying spree that included New York's storied Waldorf Astoria hotel.
An Era Ends at Anbang as Founder Sentenced to Prison
Anbang to Disband and Liquidate as Restructuring Ends
After String of Scandals, China Tightens Control Over Major Shareholders in Banks, Insurers
New regulations aim to stop big investors using institutions as ATMs to benefit their own businesses
Shanghai Composite Index Fell 0.1% on Thursday
Shenzhen Component Index closed down 0.08%
CX Daily: Talk Of Incentives Doesn’t Entice Investors To Bid On Anbang Assets
China lifts curbs on coal-fired electricity prices. Shenzhen becomes the first Chinese city to sell offshore bonds to foreign investors
Talk of Incentives Doesn’t Entice Investors to Bid on Anbang Assets
An auction for the fallen insurer’s core holdings is stymied again after failing to attract even a single bidder
Ex-Regulator Accused of Taking Bribes While Overseeing State Takeover of Bank
Li Guorong misused his power when acting as a senior executive supervising the takeover of Baoshang Bank, China’s top graft-buster says
China Oceanwide Struggles to Save U.S. Deals as Evergrande Sways
Another big Chinese property developer is also facing a ticking clock, tied to projects in Manhattan, Los Angeles and Hawaii
JD.com Unit to Take Over China Logistics in $2.1 Billion Deal
Transaction reflects intensifying competition as China’s transition to e-commerce accelerates amid the pandemic
In Depth: State Giant Citic Throws Stricken Huarong a Lifeline
China’s second-biggest financial holding company is leading a bid to pull bad bank back from the brink
Sale of Fallen Anbang’s Core Assets Delayed as Potential Bidders Drop Out
The auction of a 99% stake in Dajia, which holds the former insurance conglomerate’s core assets, has been pushed back by two weeks
Five Things to Know About How China Is Tackling ‘Too-Big-to-Fail’
New rules will require financial institutions to write living wills detailing how they will cope in the event of a crisis
CX Daily: The Rocky Path Facing Chinese Companies Tapping U.S. Markets
Tsinghua Unigroup is forced into restructuring under China’s bankruptcy law. The country extends the one-year takeover of nine Tomorrow Holding affiliates. The steel industry is preparing for the nation's carbon neutrality goals
Anbang’s Remains Put Up for Sale With a $5.2 Billion Valuation
Two state-owned firms are looking to sell off nearly 99% of the equity of Dajia, the company created to take over the assets of the scandal-plagued Chinese insurer
Sichuan Financial Regulator Comes Under Graft Probe
Li Guorong, deputy chief of CBIRC’s Sichuan branch, was involved in commission’s campaign to defuse financial risks
Exclusive: China Resumes Hunt for Investors to Take Control of Anbang’s Remains
Six consortiums are in the running to take a stake in Dajia Insurance, the company created to pick up the pieces of the financial conglomerate seized by the state in 2018
Exclusive: Embattled Huarong to Sell Multibillion-Dollar Assets as Rescue Plan Gets Underway
China’s biggest bad-debt manager is offloading non-core assets as it struggles to repay its own mountain of loans
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