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Name | Symbol | Market | Type |
---|---|---|---|
Baidu Inc | NASDAQ:BIDU | NASDAQ | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.81 | 0.72% | 112.60 | 112.53 | 112.65 | 6,947 | 10:42:14 |
By Friedrich Geiger
BERLIN--German insurer Allianz SE (ALV.XE) said Thursday it has agreed with Chinese Internet giant Baidu Inc. (BIDU) and Hillhouse Capital Group to establish together a business for the sale of insurance contracts over the Internet in China.
The joint venture will apply for a nationwide digital license to distribute a range of insurance products in areas such as travel and possibly motor insurance, said Allianz.
Write to Friedrich Geiger at friedrich.geiger@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
November 26, 2015 03:05 ET (08:05 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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