Aircraft Recycling International Limited (ARI), a member company of China Aircraft Leasing Group Holdings Limited (CALC) , has acquired US aviation service provider Universal Asset Management, Inc (UAM).
The need of China’s insurers to invest overseas looks set to swell in the coming year, offering international fund managers a vital potential avenue of opportunity.
China Fortune Land Development Co Ltd, an industrial zone developer and operator, has secured its first project in Africa to build a new industrial city in Egypt's new administrative capital.
Ant Financial, Alibaba's finance arm, recently acquired US biometric authentication tech startup EyeVerify Inc, in a move aimed at better securing consumers' data and transactions, said Ant Financial in a statement.