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Firms rush to invest in hot sector

By Bloomberg | China Daily | Updated: 2016-09-19 07:38

Focus is on private health insurance as some Chinese increase spending

Gaming firms, real-estate companies and drug makers in China are chasing what they hope will be the country's next hot commodity: private health insurance.

At least 29 publicly traded Chinese companies have announced plans to invest in commercial insurance businesses since 2015, according to a report from researcher VC Beat and corporate statements. The new ventures are focused partly, or entirely, on health insurance, an area where affluent Chinese families are ramping up spending.

Firms rush to invest in hot sector

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