China Pacific Insurance (Group) Co will issue no more than one
billion yuan-backed A shares in Shanghai, the insurer said
yesterday on the Website of the China Securities Regulatory
Commission.
It will also seek a listing in Hong Kong by issuing no more than
900 million H shares after the completion of the A shares sale. The
pricing of the H shares will not be lower than the A shares, the
pre-disclosure statement said.
(Shanghai Daily November 30, 2007)
