Taikang Assets Management plans HK branch
By Dai Yan (chinadaily.com.cn)
Updated: 2006-09-12 08:38
Taikang Assets Management Co Ltd, a subsidiary of Taikang Life Insurance Co,
is prepared to establish a branch in Hong Kong.
Taikang Life will expand its overseas investment businesses and focus on
capital accumulation, Chief Executive Officer Chen Dongsheng said at the
celebration for the company's tenth anniversary in August.
"The incomplete opening-up of the yuan makes it important for the company to
secure a position on the Hong Kong market to allocate assets globally and
maximize profits," Chen said.
......
The full text is available in the September Issue of China Insurance.
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