Chinese insurance giant PICC P&C unveils HK$6.13bn IPO plan
Chinese insurance group PICC Property and Casualty has nnounced plans to raise HK$6.13bn through a listing on the Hong Kong Stock Exchange.
In a statement it added: "The proceeds of the rights issue will be used to strengthen the capital base of the Company and to improve its solvency margin.
"The directors consider that the Rights Issue
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