Anbang
Donald Trump’s Son-in-Law Jared Kushner Looks to Strike Chinese Real Estate Deal
S. Rina | | Jan 09, 2017 07:51 AM EST |
Despite president elect Donald Trump's anti-China rhetoric, his son-in-law Jared Kushner is reported to be mulling a deal with a Chinese business tycoon. The rumored negotiation is likely to take its toll on Donald Trump's upcoming inauguration proceeds.
China’s Anbang in Advanced Talks with Blackstone to Acquire Japanese Property Worth $2.3B: Report
Girish Shetti | | Nov 21, 2016 10:53 AM EST |
China's Insurance giant Anbang Insurance Group is currently engaged in talks to acquire Japanese residential property worth up to $2.3 billion from American investment major Blackstone, according to people familiar with the matter.
Marriott-Starwood Merger Receives Green Light from China
Charissa Echavez | | Sep 21, 2016 04:19 PM EDT |
Marriott International and Starwood Hotels & Resorts Worldwide announced on Tuesday that they have received approval from the Chinese Ministry of Commerce for their merger transaction, the last hurdle to close the deal.
China's Anbang Approaches Banks for IPO Pitches: Reports
Charissa Echavez | | Aug 24, 2016 02:22 PM EDT |
Chinese insurer Anbang Insurance Group Co. has reportedly asked banks to pitch for role about a planned Hong Kong initial public offering (IPO) in 2017, sources familiar with the matter revealed.
China is US' Biggest Overseas Real Estate Buyer
Charissa Echavez | | May 19, 2016 06:03 PM EDT |
Amid China's economic slowdown, Chinese investors have been named the biggest overseas buyers of US real estate, according to a report from the Asia Society and Rosen Consulting Group, which was released on Monday, May 16.
China to Investigate Anbang Insurance's Business Model
Charissa Echavez | | May 14, 2016 11:18 AM EDT |
China's insurance regulators are planning to investigate Anbang Insurance Group Co. following its recent real estate shopping spree in the United States.
Chinese Investment in the United States to Double
Charissa Echavez | | Apr 12, 2016 02:19 PM EDT |
China's direct investment in the United States is on track to hit a $30 billion mark this year, according to a study conducted by research firm Rhodium Group and the National Committee on US-China Relations.
China's Anbang Claims it has not Exceeded Overseas Investment Quota Yet
Charissa Echavez | | Mar 31, 2016 08:25 AM EDT |
China's Anbang Insurance said that it has not exceeded its overseas investment quota yet following reports that it may be facing local policy barriers after raising its offer for Starwood Hotels & Resorts Worldwide at $14 billion, outbidding Marriott International's latest bid.
Marriott Hotel Less Likely to Outbid Anbang - Analysts
Charissa Echavez | | Mar 21, 2016 08:20 AM EDT |
Hotelier Marriott International Inc, may have to raise its bid for Starwood Hotels & Resorts Worldwide Inc. as it is less likely to outbid Chinese insurer Anbang, experts said.
China's Anbang Challenges Marriott's Bid for Starwood Hotels
Charissa Echavez | | Mar 15, 2016 01:01 PM EDT |
Chinese insurer Anbang continues on its shopping spree as it challenges Marriott International in a bid for rival hotelier Starwood Hotels and Resorts Worldwide with a staggering $14 billion cash offer, according to The Guardians.
Chinese Insurers To Spend US$240bn In Global Properties
Marcel Woo | | Mar 14, 2016 06:29 AM EDT |
Insurance companies in China are expected to raise their allocations for global property investments in the coming years, boosted by the rapid development of the country's insurance sector.
Waldorf-Astoria Sale to Chinese Firm Still Held Up by U.S. Over Security Concerns
Dan Weisman | | Nov 18, 2014 07:39 AM EST |
Although Hilton Worldwide Holdings Inc. (HLT.N) last month announced a nearly $2 billion deal to sell its flagship Waldorf Astoria New York hotel to a Chinese insurance company, the deal is still in limbo.
Humble Vegetable Vendor Donates $330,000 to Charity, Puts Tuhao to Shame
Michael A. Katz | | Oct 11, 2014 07:10 PM EDT |
Amid the surging conspicuous wealth and luxury of modern China, 63-year old vegetable vendor Chen Shu Chu has put the nouveau riche to shame by donating $330,000 to charity.
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