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China's PICC Group, the country's top non-life insurer, expects to sign a strategic partnership by the end of year before going public, the group's president said in remarks published on Wednesday.
He did not give a timeframe for the company's initial public offering plans.
Wu said last year that the domestic investor could be a financial institution or an industrial company.
It is currently entirely owned by China's Ministry of Finance and is the parent of PICC Property & Casualty.