Saturday, February 03, 2007

Sino Life Insurance planning to list by 2012, president says

Sino Life, a Shanghai-based, Chinese insurance company, is planning to list, the Shanghai Securities News reported, citing Li Gang, president. The paper cited Li as saying the IPO would take place around 2012 and no details were disclosed. Sino Life Insurance is to have total assets worth over CNY 10bn (USD 1.28bn) by the end of Q1, the paper added, again citing Li.
Source
Shanghai Securities News



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