Fanhua seeks support in share buyback as global expansion stalls
The insurance broker will double the size of an ongoing share buyback program, now equal to nearly half of its market value, as its share price tanks Key Takeaways: Fanhua’s…
Growth-hungry Fanhua finds a potential benefactor in Singaporean investor
The insurance broker has struck a deal to receive up to $1 billion in new investment for itself and recently acquired wealth manager unit Puyi Key Takeaways: Singapore-based White Group…
Shrinking wealth manager Puyi finds big benefactor in insurance broker Fanhua
Separate shareholder groups from the two publicly traded companies will each acquire a majority stake in the other through an equity swap Key Takeaways: An equity swap will give a…
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