Wang was the chairman of Shanghai-based property developer Seazen Holdings Co., Ltd. The company published a notice on July 3, 2019, confirming that Wang, then 57, had been detained. He was arrested ... ( read original story ...)
China’s CPIC boosts IPO market with $1.8 billion London listing
Shares in China Pacific Insurance Co (CPIC) rose on their London debut on Wednesday after the company completed the largest fund raising on the London Stock Exchange in three years, sparking hopes of ... ( read original story ...)
Billionaire Seazen Founder Wang Convicted of Child Molestation
Wang Zhenhua, the billionaire founder of Chinese developer Seazen Group Ltd., was found guilty of child molestation and sentenced to five years in prison. ( read original story ...)
China’s Kindergartens Cook Up Creative Ways to Survive Lockdown
In May, Shanghai announced private kindergartens would be allowed ... to take more proactive measures to help them through the crisis, such as reducing rent, property fees, and utility charges. “If ... ( read original story ...)
Citi Appointed as Depositary Bank for China Pacific Insurance’s GDR Program, the Second Shanghai-London Stock Connect GDR Program
Citi’s Issuer Services business, acting through Citibank, N.A., has been appointed by China Pacific Insurance (Group) Co., Ltd. ("CPIC") - a leading insurance group listed in Shanghai and Hong Kong an ... ( read original story ...)
China shares end nearly flat on Bejing’s movement curbs to contain fresh virus cases
China shares closed little changed on Wednesday, as investors remained cautious due to Beijing’s curbs on travel and movement in some areas to contain a resurgence in the new coronavirus cases in the ... ( read original story ...)
China Pacific Insurance GDRs start on London-Shanghai link
Global Depository Receipts in China Pacific Insurance Co (CPIC) opened little changed on Wednesday on their first day of conditional trading on the London-Shanghai Stock Connect programme in a listing ... ( read original story ...)