All in the Family: Cash-strapped ZhongAn Taps Chairman’s Ties to Fund a Money-losing Unit 董事长“闭门一家亲” 助众安保险走出海外
Sinolink, majority-owned by ZhongAn’s chairman Ou Yaping, will provide about $103 million in fresh capital for a ZhongAn unit that develops businesses overseas 由众安保险董事长欧亚平持有多数股权的百仕达控股,将为众安保险开拓海外业务的子公司提供约1.03亿美元的新资本。
Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.