日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Economy

Markets

Industries

Insights

Reports

Events

Central Huijin to buy 38% stake in New China Life

By Bi Xiaoning (chinadaily.com.cn)
Updated: 2009-03-30 11:21

Central Huijin Investment Co, an arm of China's sovereign wealth fund, plans to buy a 38 percent stake in New China Life Insurance Co from the insurance protection fund, Caijing Magazine reported Monday, citing unidentified people.

China's State Council, or the Cabinet, has approved the acquisition and the price of the deal will be determined after its financial results for 2008 are released, the report said.

In May 2007, the insurance protection fund bought 460 million shares of New China Life, one of the country's largest life insurers, at 5.99 yuan per share.