BRIEF: PICC shares sink on reports of executive’s detention
Shares of insurer PICC Property and Casualty Co. Ltd. (2328.HK) fell on Wednesday, after media reported its vice president Yu Ze was missing, and was like being investigated for corruption.…
Sunshine Insurance Looks for Sunny Skies in Hong Kong with IPO Bid
Company would become China’s first new insurer to list in five years and 10th listed insurer overall, but is making its bid into a difficult environment Key Takeaways: Sunshine Insurance…