CMG Renhe Property Insurance
China Mobile to Make Foray into Insurance Segment with 2 Billion Yuan Investment
| Rina S. | | May 23, 2016 06:51 AM EDT |
China Mobile is planning to diversify its portfolio by entering insurance business. According to the online financial magazine, Caixin, the wireless carrier is planning to infuse 2 billion yuan ($305.6 million) for gaining foothold in the sector.
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