ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and ...
Read More »China restricts Evergrande life’s stock investments
Bloomberg China’s insurance regulator banned Evergrande Life Insurance Co. from stock investments for one year, stepping up its crackdown on the industry’s most “radical†investors in a bid to rein in risks. The China Insurance Regulatory Commission also lowered Evergrande Life’s ceiling on equity holdings to 20 percent of assets, from a 30 percent requirement, and barred two executives ...
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