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China Life Insurance becomes largest investor in ICBC's IPO

понедельник, 23 октября 2006 12:44:08

China Life Insurance, the biggest insurer on the Chinese mainland, has subscribed to shares worth more than 10 billion yuan in the Initial Public Offering (IPO) of the Industrial and Commercial Bank of China (ICBC), China's biggest lender.

China Life Insurance has become the largest cornerstone investor in ICBC's IPO.

By People's Daily Online

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