Chinese insurer's downfall serves as a reminder not to flout regulators' wishes. Don't expect the crackdown on this "financial predator" to set a precedent.
Ailing Chinese conglomerate manages to turn an unlikely profit from Hong Kong sites that it paid record sums for in 2016. Its woes are far from over, however.
Tighter controls on capital outflows and scrutiny from other Chinese regulators mean tighter constraints on overseas expansion, experts tell S&P Global Market Intelligence.
Mainland firms are looking to diversify offshore as the renminbi depreciates, with the goal of helping wealthy Chinese individuals buy financial products in Hong Kong.