Anbang Takes First Hit in China’s Insurance Regulator’s Latest Crackdown

46 views · Published 9 May 2017 · 0:36 · Indexed 22 October 2026

Channel: Yicai 第一财经 · 2017 · People & Blogs

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An Anbang Insurance Group spokesman has denied rumors that China Minsheng Banking Co. [SHA:600016] loaned the insurer CNY100 billion (USD14.5 billion) and that it has a cash shortage of over CNY20 billion.

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