Money
PICC to bring in strategic investors
Updated: 2011-05-16 16:35
By Qiang Xiaoji (chinadaily.com.cn)
People's Insurance Company (Group) of China (PICC) still has no timetable for its overall listing. Despite that fact, the company will soon settle with its strategic investors, China Business News reported Monday.
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Wu said all the investors will be Chinese entities, according to the report.
CBN reported that a source familiar with the matter said China's social security fund is likely to appear on the list of investors.
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