Chinese investment: who’s in and who’s out?

After Anbang, Fosun and Dalian Wanda, the Chinese regulator is now cracking down on Ping An, New China Life Insurance and China RE Asset Management as part of restrictions determining the amount of capital being invested overseas.

A warning note from the China Insurance Regulatory Commission to the three has sparked speculation that assets may be put up for sale.

Although New China and China RE do not have any UK holdings, Ping An notably bought the Lloyds Building in 2013 for £260m and Tower Place in January 2015 for £325m.