Anbang plans acquisitions around world

CEO Wu also reveals moves to list in many nations over the next decade

Wu Xiaohui, the head of the Chinese firm buying New York's Waldorf Astoria Hotel, told Harvard University students of his friendship with Blackstone Group LP Chief Executive Officer Steve Schwarzman, his plans for deals around the globe, and the value of knowing how to say "ni hao."

Little known before last year's deal for the landmark property, Anbang Insurance Group Co has transactions pending in Europe, Asia, Oceania and Africa, its Chairman and Chief Executive Wu said in a question-and-answer session at a Jan 31 Harvard recruitment event, according to a transcript posted on the People's Daily website on Wednesday.