PICC aims to take securities firm stakes

Banking, Finance and Insurance

Thursday, August 28, 2008 20:04:40

	PICC aims to take securities firm stakes By STAFF EDITOR Published: June 26, 2008 03:21 PM People’s Insurance Company (Group) of China (PICC), the parent of Hong Kong listed PICC Property & Casualty (2328.HK), China’s number one non-life insurer, is aiming to secure a stake in two domestic securities via its wholly-owned subsidiary PICC Investment Holdings Co, the Shanghai Securities News reported. It will be ... You are currently reading 54 words of 164 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: investment , insurance , US	More Articles in Banking, Finance and Insurance > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Changsha Bank sells 20% stake to French counterpart New China Life’s Shanghai premiums up 184.4% in 1H Shandong farmers pay RMB182m for farm insurance in 1H Liaoning garment maker takes 8.8% of life insurer Banking sector steady despite mortgage risks HSBC launches bank in rural China Only 10% of 1.5b China bank cards active: Expert

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