All the headlines from our China Topic Page, ordered by recency.
Oct 25 2016 // Ping An Insurance (Group) Co., the world’s second-largest insurer by market value, is undervalued by as much as 45 percent, a senior executive at the company said.The $94 billion company, whose businesses span...
Oct 24 2016 // China Oceanwide Holdings Group Co. has agreed to purchase Genworth Financial Inc. in a $2.7 billion cash deal, joining a record buying spree by Chinese companies as they seek to boost growth overseas.Monday’s deal by...
Oct 21 2016 // Typhoon Haima made landfall in China after it brushed past Hong Kong, forcing the city’s stock exchange to cancel trading for the day and airlines to suspend flights.The Hong Kong Observatory said it will consider...
Oct 20 2016 // More than 90,000 people were evacuated after Typhoon Haima left vast areas of the Philippines flooded and without electricity as the strongest storm to hit the nation this year heads toward China.Haima, a Category 5 super...
Oct 19 2016 // The Philippines raised the storm alert for two northern provinces to its highest level as authorities moved people to safer ground, canceled work and suspended flights before Super Typhoon Haima is due to make landfall as...
Oct 12 2016 // Insurance mergers and acquisitions rarely raise red flags with U.S. national security watchdogs.China’s Fosun International Ltd. took that history to heart last year when it paid $1.84 billion for the remaining 80...
Oct 10 2016 // China will encourage more of its companies to invest in Portugal in areas such as finance, insurance, health care and infrastructure, President Xi Jinping has told the visiting Portuguese Prime Minister Antonio Costa.Both...
Oct 5 2016 // Shenzhen Qianhai Financial Holdings Co. is close to an agreement to buy ACR Capital Holdings Pte, a reinsurer backed by Singapore’s Temasek Holdings Pte, for about $1 billion, according to people with knowledge of...
Oct 4 2016 // China’s tech giants — Baidu, Alibaba and Tencent — increasingly have a finger in every part of the economy. So why aren’t they bigger participants in what should be an easy sell online:...
Sep 29 2016 // Insured losses on mainland China from September’s Typhoon Meranti are expected to fall between $650 million (CNY 4.3 billion) and $1.15 billion (CNY 7.7 billion).According to catastrophe modeling firm AIR Worldwide,...
Sep 29 2016 // Business development managers at Chinese state-owned firms have been put on notice: mess up on M&A deals and you can be held personally liable – for life.Under new rules unveiled by China’s State Council,...
Sep 27 2016 // Typhoon Megi lashed Taiwan with wind and rain on Tuesday, bringing 20-foot-high waves and knocking pedestrians off their feet in Taipei.More than 280,000 households lost electricity, state-owned utility Taiwan Power said...
Sep 26 2016 // Starr Companies has acquired Wright USA from Ironshore Insurance Services, a subsidiary of China’s Fosun Group.Wright USA is an insurance agency and third-party administrator principally providing Federal Employee...
Sep 23 2016 // The summer of 2016 has lurched from one extreme weather disaster to another at great cost in lives and damages. Here are just some of the worst and weirdest, according to insurance statistics and meteorologists: Flooding...
Sep 16 2016 // At least six people died and six are missing as Typhoon Meranti, the strongest storm in the world this year, passed through China.The storm, which earlier killed one person and injured several in Taiwan, claimed three...
Sep 15 2016 // Super Typhoon Meranti delivered very strong wind, high storm surge, and flooding precipitation to southern Taiwan as it passed through Luzon Strait near noon local time Wednesday.According to catastrophe modeling firm AIR...
Sep 15 2016 // Tesla Motors Inc. said it has no way of knowing whether its Autopilot system was involved in a crash in China that killed the driver because the car was too damaged to transmit data.A court in Beijing’s Chaoyang...
Sep 12 2016 // Already equivalent to a Category 4 hurricane with maximum 10-minute sustained winds of 115 knots (212 km/h, 132 mph), super typhoon Meranti is expected to strengthen during the next few days and then make landfall on the...
Sep 9 2016 // China has opened up a new channel for insurers to invest in Hong Kong equities.Insurance funds are now allowed to buy the city’s shares through an exchange trading link with Shanghai, the China Insurance Regulatory...
Sep 8 2016 // Gaming firms, real-estate companies and drugmakers in China are chasing what they hope will be the country’s next hot commodity: private health insurance.At least 29 publicly traded Chinese companies have announced...