China Life to Invest in China Unicom

Posted on 08/29/2017

China Life Insurance Group Company (China Life), Alibaba Group Holding Ltd., Tencent and others are participating in a 78 billion RMB (US$ 11.7 billion) shares sale by Shanghai-listed China United Network Communications Ltd. (China Unicom) for 6.83 RMB a piece. China Unicom is China’s second largest wireless carrier and was chosen among six state-owned enterprises […]