Sunshine tries out asset leasing as insurance demand cools
The insurer has agreed to invest in a financial leasing company owned by Legend Holdings in an attempt to diversify its businesses Key Takeaways: Sunshine Insurance will acquire 39.9% of…
Legend Holdings shows diversification isn’t always a winning formula
The investment holding company warned it will post a large loss for 2023, as losses from some assets may outweigh declining profits at others Key Takeaways: Legend Holdings warned that…
Hony Capital Switches SPAC IPO Focus from U.S. to Hong Kong
Everest Acquisition Corporation, a SPAC launched by leading private equity firm Hony Capital and the state-owned Agricultural Bank of China, has filed for an IPO on the Hong Kong Stock…
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