Sovereign Wealth Funds Invest in China Pacific Insurance Company

Posted on 09/10/2012

The Government of Singapore Investment Corporation Private Limited is subscribing to a Hong Kong H-share private placement by China Pacific Insurance (Group) Co Ltd (CPIC). The subscription amount is up to US$ 700 million. The CPIC is a major insurer in China. Singapore’s GIC held 2.3% of shares prior to the private placement. Other sovereign […]

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