China Detains Staff, Raids Office of U.S. Due Diligence Firm Mintz Group March 24, 2023 By Michael Martina and Yew Lun Tian Chinese authorities raided the office of U.S. corporate due diligence firm Mintz Group in Beijing and detained five local staff,...
China Eases Deadline Pressure for Multinationals’ Compliance With Data Security Rules March 2, 2023 By Josh Ye Chinese regulators have eased some deadline pressure on multinational companies struggling to comply with new rules requiring them to seek...
China Urges State-Owned Firms to Drop Big 4 Auditors Over Data Security Concerns February 23, 2023 By Bloomberg News Chinese authorities have urged state-owned firms to phase out using the four biggest international accounting firms, signaling continued concerns about...
Overseas Companies Welcome China’s Decision to End Quarantines for Visitors December 28, 2022 By Joe McDonald Companies welcomed China’s decision to end quarantines for travelers from abroad as an important step to revive slumping business activity...
Sunshine Insurance Declines in Hong Kong Trading Debut December 9, 2022 By Filipe Pacheco and Pei Li China’s Sunshine Insurance Group Co. declined in its trading debut after Hong Kong’s fourth-largest deal this year, potentially the last...
China’s Sunshine Insurance Leans Toward Pricing HK IPO at Bottom of Marketed Range December 6, 2022 By Pei Li and Filipe Pacheco Sunshine Insurance Group Co. is leaning toward pricing its Hong Kong initial public offering at the bottom of its marketed...
Sunshine Insurance Begins Taking Investor Orders for $950 Million IPO November 30, 2022 By Pei Li Chinese insurer Sunshine Insurance Group Co. is seeking to raise as much as HK$7.4 billion ($950 million) in its Hong...
China’s Fosun International Appoints Deutsche Bank to Sell Stake in Peak Re: Sources November 22, 2022 By Kane Wu and Andres Gonzalez China’s Fosun International Ltd. has appointed Deutsche Bank to advise on a potential sale of its stake in Hong Kong-based...
Chubb Gets Regulatory Nod to Raise Stake in China’s Huatai to 83.2% November 18, 2022 Chubb Ltd. announced it has received regulatory approval from the China Banking and Insurance Regulatory Commission to increase the company’s...
China’s Sunshine Insurance Gets Approval for $1 Billion IPO: Sources November 18, 2022 By Pei Li China’s Sunshine Insurance Group Co. has received approval from the Hong Kong stock exchange for an initial public offering that...