Shanghai stock market ended lower yesterday as China Pacific Insurance became the first major share to fall substantially below its IPO price since a suspension of IPOs was lifted in mid-2006.
China's insurance regulator is striving to develop a micro insurance market in rural areas, in a move to help farmers and low-income families better manage risks.
China Life Insurance Co, the nation's largest insurer, said it invested $300 million in Visa Inc's initial public offering, and plans further investments in the US and Europe to diversify its portfolio.
While many Chinese entrepreneurs look to top foreign companies for guidance, Huang Tianwen couldn't find the right business on which to model his company.
The mainland stock market gained another 1.13 percent in volatile trading yesterday, after Wednesday's rebound.
The way communications professionals disseminate information is out of sync with the way consumers use media, according to a recent survey.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
