Sunshine chases investment income amid tepid demand for its insurance
The insurer plans to set up a subsidiary that will run a 20 billion yuan fund investing in stocks and fixed-income instruments Key Takeaways: Sunshine’s asset management unit will set…
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…
FAST NEWS: Investors Unsure as Sunshine Insurance Makes Trading Debut
The latest: Sunshine Insurance Group Co. Ltd. (6963.HK) made its trading debut in Hong Kong on Friday, becoming the first new Chinese insurer to go public in four years. Its…
Weak Markets Overshadow Sunshine Insurance IPO Plan
The mid-sized Chinese insurer has filed a second time to list in Hong Kong, though reports that it aims to raise up to $1 billion look exaggeratedKey Takeaways:Sunshine Insurance could…
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…
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