HSBC enters China's life insurance market
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HSBC enters China's life insurance market
Sep 08,2009(bmwx.us)---- HSBC Life Insurance Company Limited, a joint venture set up by HSBC and the Beijing-based National Trust, opened for business in Shanghai Thursday, ...
50 percent stake. The company will focus on the sector of China's population that has rapidly-growing discretionary income and will offer life, pension and medical insurance products. China is the focus of HSBC's strategy in emerging markets, said Zheng Haiquan, chairman of HSBC Asia Pacific. ...
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