BIZCHINA> Top Biz News
China's PICC becomes State-controlled share-holding company
(Xinhua)
Updated: 2009-09-24 13:44

Related readings:
China's PICC becomes State-controlled share-holding company PICC profits only 26% of estimates
China's PICC becomes State-controlled share-holding company PICC says AIG won't sell stake
People's Insuance Company of China (PICC), the nation's largest insurance conglomerate, has transformed from a solely State-owned company to a State-controlled shareholding insurer, the company said Thursday.

The new company is set up with a registration capital of 30.6 billion yuan ($4.5 billion).


(For more biz stories, please visit Industries)