Zurich Insurance shifts gaze away from China
Zurich Insurance sold $283 million of shares in New China Life, at a time when foreign insurers are struggling to develop a profitable China strategy.
July 12, 2013
Temasek Holdings confirmed in a disclosure filing yesterday that it sold its entire stake in Hong Kong-listed wind power producer Huaneng Renewables last week, raising a total of HK$435.5 million ($56 million).
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to FinanceAsia.
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
Questions?
See here for more information on licences and prices, or contact [email protected].