2011-07-16 10:57

The People's Insurance Company of China Group (PICC) has started a series of road shows around the world, as it hopes to lock in strategic investors for its planned listing, the China Securities Journal said on Friday.

However, PICC has not set a target date for its dual listing in Shanghai and Hong Kong, said the paper, which cited unnamed sources.

PICC, which is the parent of China's largest property insurer PICC Property & Casualty Co, submitted an application for an initial public offering to the State Council in May, the newspaper said.