Monday, December 12, 2005

 

China wants domestic insurers to list offshore

China wants its domestic insurance companies to list their shares offshore, said Wu Dingfu, chairman of the China Insurance Regulatory Commission. Wu also told a business conference that Beijing hopes foreign insurance companies will invest in China's liability, pension and agricultural insurance - areas that he described as the weak links of the local market.

'We want to see Chinese insurers go global, and we will encourage them to have overseas IPOs,' he said...

Forbes: China wants domestic insurers to list offshore - regulator

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