Dual IPO looms

China Reinsurance, the country's biggest reinsurer, plans to raise as much as US$2.6 billion in a dual Shanghai and Hong Kong share sale in September to bankroll a rapid expansion. The plan follows a decision by the Chinese government late last year to inject US$4 billion into the state-owned firm. Trackback(0) TrackBack URI for this entry Comments (0) Subscribe to this comment's feed Show/Hide comments Write comment Show/Hide comment form Name Email Website Title Comment Write the displayed characters Add Comment Copyright 2007. All Rights Reserved.

 

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