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Best’s News & Research Service subscription required - May 18, 2017 10:31 AM (EDT)

PICC Group Plans IPO in Shanghai; Nonlife Unit Caps Annual Premiums Ceded to PICC Re at 5 Billion Yuan

The People’s Insurance Co. (Group) of China Ltd. has proposed an initial public offering on the Shanghai Stock Exchange, according to a statement from the Hong Kong-listed insurance group. . . .

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