China regulators to take over insurer Anbang for one year following probe

China regulators to take over insurer Anbang for one year following probe

Signage is displayed atop Anbang Financial Center Block A in Beijing, China, on Thursday, Feb. 1, 2018. China's government, which has been probing alleged financial wrongdoing at Anbang Insurance Group Co., is seeking to broker the sale of a stake in the insurer, people with knowledge of the matter said. Photographer: Giulia Marchi/Bloomberg

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