ChemChina (Singapore) Pte. Ltd. is in talks to acquire Clal Insurance Enterprises Holdings Ltd. (TASE:CLIS). The company recently acquired Adama joins a long list of Chinese entities interested in buying Clal Insurance Enterprises Holdings Ltd. (TASE: CLIS) from IDB Development Corporation Limited. Izzy Cohen the Chief Executive Officer of Clai recently met with Ren Jianxin, Chief Executive Officer of ChemChina and presented the company to him. This was the first meeting and IDB Development Corporation Ltd. and Clal Insurance now wait for an answer from the Chinese. The meeting had been organized by US investment bank JP Morgan, hired by IDB to promote the sale.