Here’s how a global asset shopper gets under the radar by hewing close to China’s state policy

By: scmp.com 11 months ago
Here’s how a global asset shopper gets under the radar by hewing close to China’s state policy

A Chinese energy company founded 15 years ago by an entrepreneur in his mid twenties had been quietly gobbling up energy assets across central Asia and eastern Europe for the past two years. Unlike Anbang Group, Dalian Wanda Group, Fosun Group and the HNA Group, which have come under close regulatory scrutiny since April for their global acquisitions, CEFC China Energy has largely stayed out of the spotlight. The Shanghai company spent at least US$1.7 billion since 2015 buying energy-related...

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How Here’s how a global asset shopper gets under the radar by hewing close to China’s state policy
A Chinese energy company founded 15 years ago by an entrepreneur in his mid twenties had been quietly gobbling up energy assets across central Asia and eastern Europe for the past two years. Unlike Anbang Group, Dalian Wanda Group, Fosun Group and the HNA Group, which have come under close regulatory scrutiny since April for their global acquisitions, CEFC China Energy has largely stayed out of the spotlight. The Shanghai company spent at least US$1.7 billion since 2015 buying energy-related...Here’sglobalassetshoppergetsunderradarhewingcloseChina’sstatepolicy