Anbang says has no plans to sell overseas assets

Reuters

July 31, 2017

1020 GMT

HONG KONG, July 31 (Reuters) – Anbang Insurance Group said in a statement on Monday that it had no current plans to sell its overseas assets and its businesses and operations were “all normal”.

“The company has ample cash and sufficient solvency,” it said.

Earlier on Monday, Bloomberg reported that Anbang, whose chairman was detained last month, had been told by Chinese authorities to sell its assets abroad. (Reporting by Julie Zhu; Editing by Himani Sarkar)

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One Response to “Anbang says has no plans to sell overseas assets”

  1. daveyone1 Says:

    Reblogged this on World Peace Forum.

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