All the headlines from our China Topic Page, ordered by recency.
Jul 19 2021 // Two Chinese state investors plan to sell a combined 98.78% of their stakes in Dajia Insurance Group, the revamped entity of embattled Anbang Insurance Group, for 33.6 billion yuan ($5.19 billion), according to an auction...
Jun 24 2021 // Chaucer, the London-based specialty re/insurance group, announced the launch of a new Belt and Road Consortium at Lloyd’s, which initially will underwrite political violence risks, with future solutions in...
Jun 15 2021 // The French utility that partly owns a nuclear power plant near Hong Kong is seeking more information on a gas buildup in a reactor, even as its Chinese partner insists the facility is operating safely.Electricite de France...
Jun 10 2021 // BEIJING — China’s banking and insurance watchdog issued rules on Wednesday requiring sizable banks and insurers to prepare recovery plans in the unlikely event that they run into financial trouble, as the regulator...
May 7 2021 // Chinese online insurance technology firm Waterdrop Inc. has raised $360 million by pricing its shares at $12 a piece in its New York initial public offering (IPO), according to two sources with direct knowledge of the...
May 6 2021 // WHO experts have voiced “very low confidence” in data provided by Chinese state-owned drugmaker Sinopharm on its COVID-19 vaccine regarding the risk of serious side-effects in some patients, but overall...
May 5 2021 // Cargo onboard a tanker that leaked oil off China has been removed and preparations are underway so the vessel can sail to a Chinese repair yard, the ship’s manager said on Wednesday.The A Symphony was anchored...
May 3 2021 // HONG KONG — Chinese online insurance technology firm Waterdrop Inc. aims to raise up to $360 million in an initial public offering on the New York Stock Exchange, company filings show.Waterdrop, which is backed by...
May 3 2021 // U.S. asset manager Fidelity Investments has cut its valuation of Chinese financial technology giant Ant Group in half in its latest filings assessing the worth of the shares its funds hold in the group, the Wall Street...
Apr 30 2021 // BEIJING — Chinese financial watchdogs on Thursday summoned 13 internet platforms engaged in finance business, including heavyweights Tencent and ByteDance, to order them to strengthen compliance with regulations, the...
Apr 29 2021 // China published draft rules on Thursday to ensure the security of data generated by connected vehicles, as the proliferation of smart cars such as Teslas, fuels concerns about privacy and national security.Last month, U.S....
Apr 27 2021 // A tanker carrying around one million barrels of bitumen mix was involved in a collision near the Chinese port city of Qingdao, spilling oil into the Yellow Sea, Chinese maritime officials and tanker representatives said on...
Apr 23 2021 // Two U.S. senators are working to attach legislation to allow automakers to deploy tens of thousands of self-driving vehicles on U.S. roads to a bipartisan China bill, a significant reform that could help speed the...
Apr 21 2021 // China’s military is thought to have instructed a hacker group to conduct cyber attacks on nearly 200 Japanese research institutions and firms, public broadcaster NHK reported, citing unidentified people in a police...
Apr 19 2021 // SHANGHAI – China launched the country’s first class-action lawsuit against a listed company on Friday, targeting Kangmei Pharmaceutical Co, as regulators vowed “zero tolerance” against accounting fraud...
Apr 19 2021 // HONG KONG – Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up control, as meetings with Chinese regulators signaled to the company that the move could...
Apr 13 2021 // BEIJING – China has imposed a sweeping restructuring on Jack Ma’s Ant Group, the fintech conglomerate whose record $37 billion IPO was derailed by regulators in November, underscoring Beijing’s determination...
Apr 12 2021 // SHANGHAI/HONG KONG – Chinese online insurance technology firm Waterdrop Inc. is receiving pushback from domestic regulators on its planned U.S. initial public offering as its business model is seen as risky, four people...
Apr 9 2021 // China is reviving a sale of Dajia Insurance Group Co., the company that took over most of the operations of troubled Anbang Insurance Group Co., as the government seeks to turn the firm over to private investors, according...
Apr 7 2021 // Genworth Financial Inc. has terminated a $2.7 billion buyout agreement with investment firm China Oceanwide Holdings Group Co., the U.S. insurer said on Tuesday.Originally proposed in October 2016, the merger was stalled...