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China Reinsurance To Prepare For IPO, China Mobile In Standstill
0941.HK, CHL, China Mobile Ltd., China Reinsurance (Group) Company, Liu Jingsheng, Wang Jianzhou
Posted by: Li Jun on Mar 03, 2008 | 17:03
Editorial Summary
China Reinsurance (Group) Company will begin preparing for a 2009 domestic listing, reports cnstock.com quoting China Reinsurance chairman Liu Jingsheng. The company has hired UBS as underwriter and is considering acquiring shares in banks, said the report.
China Mobile Ltd. (0941.HK; NYSE: CHL) has not yet set a schedule for its domestic listing process, reports Shanghai Securities Journal citing China Mobile president Wang Jianzhou.
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