Utilize the input text as a context reference, choose the right relationship between Waldorf Astoria Hotel and Anbang Insurance Group from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

Chinese investments in the U.S. in Q2 were below the nearly $2.6 billion logged by RCA in Q1, when Beijing-based Anbang Insurance Group bought the iconic Waldorf Astoria Hotel in New York from Hilton Worldwide Holdings ( HLT ) for a record-breaking $1.95 billion.

Answer: owned_by