"Insurance group Prudential rose 29 to 622p after the Bank of China said that it was looking to buy into a life insurer later this year. In recent weeks, Prudential shares have been boosted by ongoing speculation that various Chinese companies, including insurers Ping An and China Life, were mulling a stakebuilding operation or even a full takeover."
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/02/19/cxmktrep119.xml
Tuesday, February 19, 2008
PRU
