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China Pacific Insurance will offer about 102.87 million GDRs, each of which represents five A shares of the company, said the prospectus. The price of the GDR has been finalized at .6 per share. Once the company exercises the overallotment option, which will not exceed 10 percent of the base offering, the total proceeds of the issuance will be around .99 billion.
China and ASEAN countries on Thursday approved a draft framework of the South China Sea Code of Conduct, marking a milestone in peacefully resolving the South China Sea issue.

China Railway Construction Corp (Intl) Ltd also constructed makeshift hospitals in Trinidad and Tobago to help with coronavirus treatment and control.
China International United Petroleum & Chemicals Co Ltd signed contracts based on the price of the Shanghai crude oil futures with Shell and Chambroad Petrochemical last March and October, respectively.
China also added more than 700 natural protected areas during the period, putting the total number at around 11,800.
来源:资阳报