The investment company China Strategic Holdings is in talks to acquire Hong Kong Life Insurance. The life insurance company is valued between 400 and 500 million USD.
Other potential bidders are also interested in the Hong Kong insurer's activities.
Read also | Allianz sells its stake in its subsidiary in China [4]
Links:
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[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fchina-strategic-holdings-plans-to-acquire-hong-kong-life-insurance&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/insurers-facing-the-giants-of-the-net
[4] https://www.atlas-mag.net/en/article/allianz-sells-its-stake-in-its-subsidiary-in-china