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Fintech Unicorn Lufax Considers Shedding Peer-to-Peer Lending Business

Chinese fintech unicorn Lufax Holding Ltd. is considering shedding its once high-flying but controversial
Star Online Insurer ZhongAn Shuffles Leadership

China's first internet-only insurer, ZhongAn Online P&C Insurance Co. Ltd. , said Thursday its general
In Depth: How China’s Freeze on Insurance Licenses Has Impacted the Market

There was a time when Chinese regulators handed out insurance company licenses like candy. It began in
Watchdog Hands Anbang Units to New Insurance Firm

2018. That May, its founder Wu Xiaohui was sentenced to 18 years in prison for fundraising fraud
Four Things to Know About the Fund Bailing Out Anbang Insurance

shareholder, Wu Xiaohui, was declared unlawful. Wu was sentenced to 18 years in prison in May 2018 for
Exclusive: UCF Pay Caught Embezzling Funds, Sources Say

Hong Kong-listed Chong Sing Holdings FinTech Group, a subsidiary of UCF Holdings Group Ltd. , suspended
Regulator Mulls Raising Equity Investment Cap for Insurers

China’s banking and insurance regulator is mulling whether to give the country’s insurers greater room
Troubled Financial Giant Anbang Offloads Insurance Unit

and former chairman Wu Xiaohui was sentenced to 18 years in prison for fundraising fraud and
New China Life Fills Five-Month Leadership Vacancy

Beijing-based life insurer New China Life Insurance Co. Ltd. nominated a new chief executive officer
Top Peer-to-Peer Lender to Shift Strategy After Latest Fundraising

Dianrong, one of China’s largest peer-to-peer (P2P) lending platforms, said it’s planning a shift in