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Article: China Life Insurance raises $3.62 billion in mainland BUSINESS ASIA by Bloomberg
- Article from:
- International Herald Tribune
- Article date:
- December 28, 2006
- Author:
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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Bei Hu
International Herald Tribune
12-28-2006
China Life Insurance raised 28.3 billion yuan, or $3.62 billion, in the first public share sale by a Chinese insurance company in mainland China, after pricing the stock at the top end of its range, two people with direct knowledge of the offering said.China Life, the largest Chinese life insurer, priced 1.5 billion yuan-denominated shares, or A-shares, at 18.88 yuan apiece, according to the people, who declined to be identified before an official statement scheduled for Thursday.''There'll be quite a bit of an upside for the A-share buyers,'' Dorris Chen Huanming, an analyst for BNP Paribas in Shanghai, said Tuesday before the final pricing. ...
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Hong Kong China Life Insurance
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...Wan Feng, president of China Life Insurance Company attends the company result announcement in Hong Kong Thursday, March 26, 2009. China Life Insurance, the world's largest life insurer by ...
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