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Chinese State-Owned, PICC Group Raises $3.1 Billion In IPO

From ValueWalk
November 30, 2012 - 11:36am
PICC Group, Chinese state-owned insurer, raised… $3.1 billion in Hong Kong’s biggest initial public offering in two years. PICC Property & Casualty Co., Ltd. (HKG:2328) priced its offering close to the bottom of an indicative range, highlighting the sentiments forThe post Chinese State-Owned, PICC Group Raises $3.1 Billion In IPO appeared first on ValueWalk.

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