FANHUA Announces Two Joint Ventures With Asia Insurance, Each With A 60% Ownership Stake
Portfolio Pulse from Benzinga Newsdesk
FANHUA has announced two joint ventures with Asia Insurance, each with a 60% ownership stake. This strategic partnership is expected to strengthen FANHUA's position in the insurance market.
October 23, 2023 | 5:57 am
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FANHUA's joint ventures with Asia Insurance, where each holds a 60% stake, could potentially strengthen its market position.
The joint ventures with Asia Insurance, where FANHUA holds a 60% stake in each, could potentially enhance its market position and increase its competitiveness. This could lead to increased investor confidence and potentially a rise in stock price in the short term.
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