CHINA PACIFIC BEGINS IPO MARKETING TODAY, CLAIMS REPORT

China Pacific Insurance (Group), which floated on the Shanghai Exchange on December 25 but which subsequently withdrew a planned HKD24bn ($3.08bn) listing on the Hong Kong Exchange, plans to bring the deal back to market this month and will begin pre-marketing today, reports the South China Morning Post . UBS, Crédit Suisse and China International Corp are said to be arranging the deal. The pre-marketing phase will reportedly last until March 21, with a formal roadshow being launched if the initial response from fund managers is positive.