CDF, With CDIB Under Angelo Koo, Secures Strong Performance Under Pandemic With Strategic Acquisition
ACCESSWIRE
13 May 2022, 01:13 GMT+10
TAIPEI, TAIWAN / ACCESSWIRE / May 12, 2022 / Uncertainty among the global markets has made every detail of company operations to become magnified, whether that is on financial reports or during shareholder meetings. Periods of high fluctuations and difficulty to speculate may lead businesses to wait it out, or to double down on efforts focusing on one aspect of their company.
The China Development Financial Holding Corporation (CDF) (TWSE:2883) has taken on a different approach. CDF has recently identified the investment trend and has since included China Life as a fully owned subsidiary from December last year. The acquisition of China Life is a key step in boosting the efficiency of long-term capital utilization and to building solid profits. With the additional line of services available to offer, CDF has a new horizon of future opportunities in cross selling and relevant promotions.
The CDIB Capital International, the private equity arm of CDF chaired by Angelo Koo, has also contributed to CDF's performance with multiple strategic acquisitions during the pandemic.
Media Contacts:
Company: Jet-Go Consulting.
Contact person: Alvin Yang
Telephone: +886-2-23708000 #2110
SOURCE: China Development Foundation
View source version on accesswire.com:
https://www.accesswire.com/701139/CDF-With-CDIB-Under-Angelo-Koo-Secures-Strong-Performance-Under-Pandemic-With-Strategic-Acquisition
Subscribe and Follow
Get a daily dose of Memphis Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
News RELEASES
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Memphis Sun.
More Information
69
℉
US House Speaker Pelosi banned from communion over abortion views
SAN FRANCISCO, California: In a letter released this week, the archbishop of San Francisco, Salvatore Cordileone, said U.S. House Speaker ...
Tornado hits western German city; dozens injured, 2 dead
BERLIN, Germany: At least 43 people were injured after a tornado struck the western German city of Paderborn on May ...
American arrested, Chinese officials charged with spying in US
WASHINGTON D.C.: The Department of Justice has said that an American citizen and four Chinese intelligence officers have been charged ...
To help US businesses, 35,000 foreign workers to be taken in
WASHINGTON D.C.: Due to the inability of businesses to hire enough workers, the U.S. has announced that it will grant ...
US Senate to vote on resolution urging probe of beef price fixing
WASHINGTON D.C.: U.S. senators Elizabeth Warren and Mike Rounds have introduced a bipartisan resolution requesting the Federal Trade Commission (FTC) ...
Strain of Ukraine war causes Russian defense spending to increase 40%
MOSCOW, Russia: According to preliminary data released by the finance ministry this week, almost three months after Moscow's invasion of ...
Wall Street rockets higher, Dow Jones gains nearly two percent
NEW YORK, New York - U.S. stocks rocketed higher Monday, a rally ignited by a weakening of the U.S. dollar ...
Michigan baby formula plant to reopen in face of ongoing shortages
WASHINGTON D.C.: Following baby formula shortages throughout the United States, FDA Commissioner Robert Califf has said that Abbott Laboratories and ...
Indian private space launch company Skyroot sees first launch in 2023
NEW DELHI, India: Skyroot, India's first privately held company to design, build and test a solid rocket propulsion system, successfully ...
Greenback under pressure in Asia, stocks close mostly higher
SYDNEY, NSW, Australia - Stocks in Asia were mostly moderately higher at the close Monday, while the U.S. dollar was ...
Chinese voice criticism of $1,373 Gucci umbrella that cannot get wet
BEIJING, China: Chinese consumers have been vocal in their criticism of a $1,373 Gucci umbrella which should be kept out ...
Mercedes to install lighter batteries with 20-40% power boost
STUTTGART, Germany: Beginning in 2025, Mercedes-Benz will incorporate a new, highly energy-dense battery in its G-Class electric vehicles, potentially solving ...
