News eCin29 Dec 2017

5 insurers raise US$67 mln in over-the-counter market


Five insurance entities have raised capital of CNY435 million (US$66.6 million) on the National Equities Exchange And Quotations (NEEQ), an over-the-counter system for the trading of stocks of small and medium-sized companies, so far this year. The amount is more than six times the sum raised by insurance entities from the exchange last year.

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