It is an odd place to find the people behind a Chinese corporate powerhouse that is turning heads on Wall Street with a global takeover binge. American regulators are now asking who these shareholders are — and whether they are holding their stakes on behalf of others. Advertisement Continue reading the main storyThe Anbang shareholders in the Pingyang County area hold their stakes through a byzantine collection of holding companies. Anbang got its start as an auto insurance company in 2004 in the eastern Chinese city of Ningbo. Separately, the Chinese magazine Caixin reported in May that Chinese regulators were examining Anbang’s riskier financial products.

Source: New York Times September 01, 2016 22:02 UTC