LONDON: Shares in China Pacific Insurance Co (CPIC) rose on their London market debut on Wednesday, in a boost for a stock exchange link-up between Britain and China designed to improve investment and trade relations between the countries.
CPIC said it had priced a $1.8 billion listing of global depositary receipts (GDRs) in London at $17.60 per share, making it the biggest listing on the London Stock Exchange this year so far.
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