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Growth-hungry Fanhua finds a potential benefactor in Singaporean investor

The insurance broker has struck a deal to receive up to $1 billion in new investment for itself and recently acquired wealth manager unit Puyi

This article only represents the author's own views.

Insurance broker Fanhua Inc. (FANH.US) is increasingly looking like a low-key deal-making machine, as it tries to boost its faltering growth.

The company last week announced major new investments for itself and its recently acquired wealth manager, Puyi Inc. (PUYI.US), adding a major new achievement to its recent string of deals that could become key drivers to jumpstart its growth. Now, investors will be watching to see whether it can actually shore up its growth as easily as its financial maneuvering.

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