China Insurer PICC Cuts Size of IPO in Response to Collapse in Market Prices

The People’s Insurance Company (Group) of China Ltd., the nation’s largest property insurer, cut the size of a planned first-time domestic share sale and indicated it will proceed when the market improves. The company will offer a maximum of 1.8 …

from News – Insurance Journal https://ift.tt/2R4zvs5
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