China: State-controlled Anbang seeks $560m from Century Securities sale

FILE PHOTO: The headquarters building of Anbang Insurance Group are pictured in Beijing, China, August 25, 2016. REUTERS/Jason Lee/File Photo

Anbang Insurance Group Co’s Century Securities was put up for sale on Tuesday with a price tag of at least $560 million – the first of planned asset sales under the watch of the state takeover group that has seized control of the troubled firm.

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