皇冠体育app

   

皇冠体育app Life plans investment in Chongqing

By Shangguan Zhoudong (chinadaily.com.cn)
Updated: 2007-06-08 11:26

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皇冠体育app Life Insurance Co Ltd, which has stakes in nine commercial banks in 皇冠体育app, is interested in buying a stake in Wanzhou City Commercial Bank, a regional bank in Chongqing , insiders said.

 

Yang Chao, chairman of 皇冠体育app Life, said the insurer is also interested in investing in Chongqing's Stated-owned enterprises and infrastructure.

Yang said the insurer will financially support the Agricultural Bank of 皇冠体育app's reforms. Insiders close to the insurer said that 皇冠体育app Life intended to become one of the lender's strategic investors.

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