Years in the making, Shanghai-London Connect has produced only one listing so far—but now a Chinese insurer plans to sell depositary receipts in London
China Pacific Insurance Co. said late Tuesday that China’s market regulator had approved its planned listing in London. The group’s shares already trade in Shanghai and Hong Kong, and it has a market value of about $33.
8 billion, according to FactSet.France Dernières Nouvelles, France Actualités
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