Bloomberg An arm of China’s sovereign fund is competing with buyout firms in the bidding for Nature’s Care Manufacture Pty, as the Australian supplement brand’s owner makes a second attempt at a sale, people with knowledge of the matter said. China Jianyin Investment Ltd., a unit of state-run China Investment Corp. that’s known as JIC, is among suitors invited to ...

Bloomberg Wanda Hotel Development Co. corrected a statement on a planned sale of assets that had appeared to contradict an English-language version of an announcement at the unit of billionaire Wang Jianlin’s property-to-entertainment conglomerate. The Chinese-language announcement of a pending acquisition was mistaken and should have referred to a “very substantial disposal”, the hotel unit said in a Hong Kong ...

Bloomberg SoftBank Group Corp. is nearing a deal to invest about $400 million in Ping An Insurance (Group) Co.’s health-care portal ahead of the Chinese company’s initial public offering, people with knowledge of the matter said. The Ping An unit, known as Good Doctor, aims to file an IPO application with the Hong Kong stock exchange as soon as the ...