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Rumor: China Pacific Insurance HK Listing Before Xmas
Shares of China Pacific Insurance (Group) (CPIC) (601601.SH) are expected to start trading on the Hong Kong Exchange before December 25, reports caijing.com.cn quoting an unnamed investment bank insider. Reports October 28 said CPIC had submitted an application to issue up to 1 billion shares on the Hong Kong Exchange at a minimum of RMB 23.52 per share.
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