CPIC plans strategic offshore investments after UK listing
China’s third-largest insurer will target long-term strategic investments into overseas insurers after its $1.81 billion GDR listing in London, says its group chief investment officer.
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China Pacific Insurance (CPIC), which has become the first Chinese insurer to be listed in the three markets of Shanghai, Hong Kong and London, intends to make strategic investments into overseas insurers after its new UK share issuance.
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