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.

China Development Foundation, Thursday, May 12, 2022, Press release picture

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

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Cleveland Star.

More Information

63 ℉

Cloudy in Cleveland/Burke

Business

Section

South Korea president pledges aid to North in treating Covid outbreak

SEOUL, South Korea: As North Korea grapples with a severe COVID-19 outbreak, South Korean President Yoon Suk-yeol has said that ...

Asian stocks mostly plummet, as sellers take charge

SYDNEY, NSW, Australia - Stocks in Asia mostly sank on Thursday, following on from a rout on Wall Street overnight."There ...

REE Automotive to build commercial EV chassis plant in UK

LONDON, England: Israeli startup REE Automotive has announced that it will build an assembly plant for electric vehicles (EVs) in ...

China prepares to deliver its version or Boeing, Airbus aircraft

BEIJING, China: The Commercial Aircraft Corp of China (Comac) completed a three-hour pre-delivery test flight of China's C919 aircraft at ...

U.S. stocks shatter, Dow Jones industrials drop more than 1,000 points

NEW YORK, New York - Soaring prices have taken their toll on U.S. retailer Target which reported first-quarter profit had ...

Working together, Spain, Portugal set plan to control gas prices

MADRID, Spain: In a coordinated move last week, Spain and Portugal approved a temporary cap on natural gas prices.The move ...

Ohio

Section