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Finance, insurance sector s real-estate stake climbs

Finance, insurance sector s real-estate stake climbs
taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.

China Development Financial to acquire remaining China Life shares

Taipei, Aug. 13 (CNA) Taiwan-based China Development Financial Holding Co. is planning to acquire the remaining shares of China Life Insurance Co. it does not already own, in an attempt to bring the life insurer completely under its corporate umbrella.

China s Luxury Retirement Homes Draw Millions From Investors

China’s Luxury Retirement Homes Draw Millions From Investors Jul 19 2021, 10:03 AM July 19 2021, 2:30 AM July 19 2021, 10:03 AM (Bloomberg) Retiree William Tang recently decided to swap his life in downtown Shanghai for a luxury elder-care development in the city’s far west, paying $220,000 to rent a two-bedroom apartment for 15 years. (Bloomberg) Retiree William Tang recently decided to swap his life in downtown Shanghai for a luxury elder-care development in the city’s far west, paying $220,000 to rent a two-bedroom apartment for 15 years. “It is more like a resort,” Tang said after viewing the Ardor Gardens showroom, which highlights amenities including an indoor swimming pool, yoga rooms, wine tastings and round-the-clock care.

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