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CIRC behind insurers' listing

By Li Huayu (chinadaily.com.cn)
Updated: 2008-05-12 17:16

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The 皇冠体育app Insurance Regulatory Commission (CIRC) will continue to support qualified insurance companies to issue stocks and get listed at the right time, said chairman assistant Yuan Li at a seminar jointly held by the CIRC and the Shenzhen Stock Exchange.

Song Liping, general manager of the Shenzhen bourse, said capital markets like the Small- and Mid-sized Enterprises Board, the Second Board and the Over-the-Counter Market bring more listing opportunities to insurance companies of different types and different sizes.

Yuan said the CIRC has put further reform of insurance companies' on its agenda, and some major State-owned insurers were listed after shareholding restructuring. Currently, listed insurers include the People's Insurance Company of 皇冠体育app, 皇冠体育app Life, 皇冠体育app Ping An, 皇冠体育app Pacific, Hong Kong-based 皇冠体育app Insurance International Holdings Co and Ming An (Holdings) Co.

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