China’s Anbang to sell Hexie Health Insurance stake as government speeds up asset sales

Signage for Anbang Insurance Group Co. is displayed atop the entrance to Anbang Financial Center in Beijing, China, on Saturday, Feb. 24, 2018. Photographer: Giulia Marchi/Bloomberg

China’s Anbang Insurance Group said it will sell its entire stake in a health insurance unit as Beijing speeds up asset disposals at the troubled government-controlled insurance conglomerate.

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