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ArtikelReady to Deal  
Oleh: Chen, Shu-Ching Jean
Jenis: Article from Bulletin/Magazine
Dalam koleksi: Forbes Asia vol. 5 no. 12 (Jul. 2009), page 32-34.
Topik: China; Insurance Company; Financial Company; Finance Sectors
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: FF5.1
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikelChina Life's Yang Chao dreams of expanding beyond insurance and creating a full-blown financial powerhouse. First he must make some acquisitions. China Life is already the biggest insurance company in China. And with a market capitalization of $111 billion, it's also the world's most valuable life insurance company. But Chairman Yang Chao wants to make it much bigger. He sees China Life invading other finance sectors in China and expanding abroad. Indeed, his vision is no less than to transform China Life into China's first financial supermarket, anchored by its insurance businesses in life as well as property and annuities, and buttressed by an asset-management company, a bank, a brokerage firm, a national industry investment fund and certainly a private equity arm. When he's finished, China Life might look like HSBC but not as big.
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