The more you own, the more you want to protect it. Pledge to double incomes, as Hu Jintao, until recently, China’s president, did and insurers should only benefit. PICC, the people’s insurer founded the same month as the people’s republic, is coming to market. But its use of a record number of banks and the fact that more than half the shares have been pledged in advance to big institutions suggest the company does not think this an easy sell. Nor should other investors.
人們手中財產越多，就越想保護自己的財產。中國國家主席胡錦濤最近承諾要讓中國人民收入翻番，保險公司無疑應會從中受益。與中華人民共和國在同一個月成立的中國人民保險集團公司（PICC Group，簡稱：中國人保）即將上市。但此次上市所使用的承銷行數量之多打破了紀錄，而且中國人保一半以上的上市股份已提前被大型機構認購——這表明，中國人保認爲它的股份可能會不太好賣。其他投資者也應該這麼想。
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