China Life to Invest in China Unicom
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. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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