News Regulations19 Jul 2021

China:Govt to sell stake in Dajia insurance group for US$5.2bn

19 Jul 2021

Two Chinese state investors plan to sell a combined 98.7% of their stakes in Dajia Insurance Group, the revamped entity of embattled Anbang Insurance Group, for CNY33.6bn ($5.19bn), reported Reuters citing an auction filing on 16 July.

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