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Business / Industries

Chinese companies to invest $20b in overseas properties in 2015

(Agencies) Updated: 2015-01-27 07:50

10 Upper Bank Street

China Life Insurance Co, the country's largest insurer, together with Qatar Holding bought 10 Upper Bank Street, a building in Canary Wharf, for 795 million pounds. China Life has a 70 percent stake in the building.

Chinese companies to invest $20b in overseas properties in 2015

Evening sunlight highlights the upper floors of, from left, HSBC Holdings Plc, No 1 Canada Square, Citigroup Inc., 10 Upper Bank Street, and JP Morgan Chase & Co, as they stand at dusk in the Canary Wharf business, financial and shopping district of London, Aug 20, 2014. [Photo/CFP]

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