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 ...

Bloomberg Offshore bonds volumes from India are set to gather pace after a banner year as companies tap the lowest borrowing costs in a decade to pay for buying assets locally and abroad. That’s the view of Citigroup Inc., which forecasts sales of debt denominated in US dollar, euro and yen in 2018 to be as good as last year ...