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Anbang Insurance will soon initiate the selection of strategic shareholders to introduce good-quality private capital into the company and to ensure the safe exit of CISF, according to the regulator.
Analysts have mixed views on the deal. Lincoln Kong from Goldman said Tsingtao would see benefits from collaboration with Fosun in areas including export business, premium branding and management incentives.
And this can be achieved by hosting livestreaming sessions, a popular way of remotely engaging buyers expedited by the social distancing policy. Alibaba is expecting some 400 company executives and 300 internet celebrities to endorse a variety of offerings, including even eye-catching bigger items from automobiles to apartments.
An online literature convention will be held in Beijing from August 11 to 13.
Analysts close to the PBOC told China Daily that a long-expected reform of China's interest rate regime will make progress soon. The mechanism will make an actual lower lending rate possible for the real economy, especially for the manufacturing sector and small and private companies still facing difficulties in getting cheap loans.
来源：资阳报