China Banks – Screws Tighten On LGFVs
CHINA BANKS: Recently the CBIRC issued guidance on implicit LGFV debt via Document 15 – further tightening the screws on mainland China's financial...
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ZhongAn Online P&C Insurance – Still A Dumpster Fire
ZhongAn Online: ZhongAn reported June 2021 premium growth of 49% YoY. Two factors contributed to the growth: COVID-19 recovery; and low base in...
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AIA Group – Hong Kong In Rearview Mirror
AIA GROUP: In 2020, mainland China became AIA’s largest market. AIA’s received life insurance license approval for Hubei province, reinforcing...
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Waterdrop – Water Fall
WATERDROP: Waterdrop reported its first set of earnings results since its IPO, declining 206.6% YOY largely due to higher costs from a channel and...
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Global Emerging Markets Weekly: 18 June 2021
This insight provides a summary of the key news developments impacting the largest countries and constituents of the Global Emerging Markets equity...
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