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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
Five Things to Know About China’s Overarching Financial Stability Law
What’s the law’s purpose, who’s responsible for what, and major concerns over the proposed legislation
Ex-Bank Regulator Kicked Out of Communist Party in Bribery Probe
Li Guorong accepted illegal payments related to Baoshang Bank failure while serving as a senior executive in the bank’s government takeover, graft busters say
Caixin Explains: Why China’s Creating a Financial Security Fund
The move is the latest attempt to ensure stability and prevent risks from indebted institutions deemed ‘too big to fail’ from overflowing into the rest of the financial system
PBOC Accepts First Bid From Private Firm to Set Up Financial Holding Company
Central bank has been reviewing five applications, although Ant Group and Tencent have yet to make their submissions
Shanghai Composite Index Rose 0.36% on Wednesday
Shenzhen Component Index finished nearly flat
China Revises Insurance Group Regulations to Curb Disorderly Expansion
CBIRC orders insurance groups to focus on core insurance business and have a clear equity structure in cleanup following Anbang failure
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
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