China's revamped Anbang nears decision on roping in strategic investors

Anbang Tower. Photo: Reuters

China’s banking and insurance regulator said on Saturday it had finished running Anbang Group, and the revamped entity Dajia Insurance Group was close to a decision on a batch of strategic investors.

The Chinese government took control of Anbang in February, 2018, part of a sweeping campaign to reduce financial risks.

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