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India

People's Insurance Group of China Co Ltd (1339.HK)

1339.HK on Hong Kong Stock

3.82HKD
15 Dec 2017
Change (% chg)

HK$-0.10 (-2.55%)
Prev Close
HK$3.92
Open
HK$3.88
Day's High
HK$3.89
Day's Low
HK$3.80
Volume
31,614,000
Avg. Vol
47,042,205
52-wk High
HK$4.30
52-wk Low
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Wed, Aug 30 2017

BRIEF-Picc Property And Casualty Co announces capital increase in PICC RE

* Entered into capital increase agreement with PICC Group and PICC RE

China's PICC in talks to acquire, buy stakes in Southeast Asian insurers

HONG KONG Chinese insurance giant PICC Group is in talks to either acquire or buy a stake in several Southeast Asian insurers and expects some deals to close before the end of the year, a senior executive said on Monday.

UPDATE 1-China's PICC in talks to acquire, buy stakes in Southeast Asian insurers

* PICC also using stock connect schemes for investment (Recasts and adds executive comment)

CORRECTED-Chinese insurer PICC Group in talks over Southeast Asia takeovers -executive

HONG KONG, Aug 28 PICC Group, parent of the China's biggest non-life insurer, is in talks with potential targets in Southeast Asia, with deals likely executed before the end of the year, a top company executive said on Monday.

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