Chinese insurer Anbang Insurance Group Co., best known for buying the iconic Waldorf Astoria hotel in New York and for its aborted $14 billion pursuit for Starwood Hotels & Resorts Worldwide Inc. earlier this year, is planning to list its life insurance unit in Hong Kong, according to people familiar with the situation. The proposed listing could provide more information about its mysterious parent, which has given little...
Chinese insurer Anbang Insurance Group is rumoured to be listing its Hong Kong life insurance unit, according to The Wall Street Journal. A spokesperson for the company told Reuters that it was not commenting on speculation.