21 June 2019

Anbang Insurance lifts stake in Gemdale to over 5%, paper says

Gemdale Corporation (600383.CN) said Tuesday that Anbang Insurance, a property insurance firm, has raised its stake in Gemdale to more than 5 percent via secondary market purchases, the Securities Times reported Tuesday. Gemdale is involved in development of residential buildings, property rental and management services.

– Contact HKEJ at [email protected]



EJI Weekly Newsletter

Please click here to unsubscribe