Article: SOCIAL INSURANCE FUND OF CHINA TO ENTER STOCK MARKET SOON

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Social Insurance Fund of China to Enter Stock Market Soon

CHINA, Mar 28, 2002 (AsiaPort via COMTEX) -- It's reported that the list of social insurance fund will be launched in China formally soon. At present the State Social Insurance Fund Board of China and USA- based Principal Financial Insurance Group sign a cooperative accord. Principal Financial Insurance Group will help social insurance fund carry through investment analysis, investment device and investment risk control. Insiders express that the total amount of social insurance fund to be listed will reach 24 billion yuan. According to forecast, social insurance fund will be listed in the middle of 2002.

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