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CCB pension management subsidiary to open Nov. 20

BEIJING
2015-11-19 20:16

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A pension management company established by China Construction Bank (CCB; 00939.HK; 601939.SH) will open on November 20. This is the first professional pension management company in China and the first of its kind set up by the bank. By the end of 2014, pension assets under the custody of CCB totaled some 190 billion yuan, with individual pension accounts surpassing 3.84 million.

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