China Life Insurance struggled to bring in new customers in 2021 and saw its new insurance policy sales decline by 15.2%. China’s four biggest state-owned banks all had strong years as the country’s economy rebounded from the pandemic-induced downturn of 2020. The Industrial and Commercial...
Market capitalisation, or market cap, is a widely used metric for gauging the total value of a publicly traded company’s equity from the perspective of its shareholders. It is determined by multiplying a company’s stock price by the total number of its outstanding shares. On the Australian ...
MUSCAT, Nov. 1 (Xinhua) -- Oman's biggest desalination firm, Muscat City Desalination Company (MCDC), plans to float an initial public offering (IPO) on the Muscat Securities Market in the second half of November, the company said in a press release on Wednesday. The promoters of MCDC, ...
Carro has established a strong presence in the region. The company aims to lead the automotive industry through a better experience for buyers, as well as having complete transparency on relevant information. The platform is
The People's Insurance Company (Group) of China (PICC Group) has announced that it had completed the issuance of capital supplementary bonds on 5 June 2023.
Major data breaches in Southeast Asian countries evidence the region's weaknesses in the areas of cybersecurity and data protection.
Maxis is preparing its book for its IPO of up to 11.7 billion Malaysian dollars. Prudential, an insurance company in Great Britain, is reportedly planning to list in Shanghai or Hong Kong, China. Greens Holdings is holding an IPO worth 90 million U.S. dollars....
Chinese insurer People’s Insurance Company of China (PICC- No. 226) went public in a $3.1 billion November 2012 IPO. German insurance firm, Talanx, the majority owner of Hannover Re, pulled its IPO plans in mid-September 2012, but then went ahead with a $602 million IPO in October ...
Cover-More Group, a travel insurer and medical assistance company, is seeking to raise up to A$521.2 million (US$475 million) in an initial public offering. This will be the sixth non-life insurance associated firm to list on the Australian Securities Exchange if and when all approvals for...
In co-investment vehicles, relative ownership is always based on the amount of capital contributed. It also refers to an arrangement in which an investment manager or adviser co-invests its own capital alongside the investor. Co-investment program An investment partnership or insurance company ...