Chinese investors eye bid for Prudential

A group of Chinese investors are in the "early stages" of considering a bid for Prudential, according to a weekend report.

The Sunday Times says the investors were among the backers of Prudential's failed $35bn bid for AIG's Asian arm AIA. It suggests the investors would only retain Prudential's Asian business. Guo Guangchang, chairman of China's Fosun International, was among those backing Prudential's bid for AIA - along with the former chairman of Goldman Sachs in China Fred Hu and head of Pacific Alliance Group Shan Weijian.