Photo/shetuwang

May 30 (NBD) -- Zhejiang China Commodities City Group Co., Ltd (600415.SH) announced Tuesday that it will set up a health insurance company with 8 other companies including Fuzhou Investment Management Co., Ltd. The joint venture will be set up with a registered capital of 1 billion yuan (155.7 million U.S. dollars), 15 percent of which will come from Zhejiang China Commodities City Group.

Email: tanyuhan@nbd.com.cn