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Ping An Submits QDII Application

Ping An Insurance, China's second-largest life insurer, had applied for a licence to invest in overseas markets, the China Securities Journal reported Friday, quoting a company official.

Ping An general manager Zhang Zixin said it had yet to receive regulatory approval for its application to become a qualified domestic institutional investor, the report said.

(Shenzhen Daily July 12, 2004)

QDII to Guide Capital Outflow
Ping An Launches IPO in Hong Kong
CBRC:QDII Policies to Bring More Opportunities for Foreign Banks
China to Allow Insurers to Invest Abroad
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