China INSOnline Corp., a licensed insurance provider operating a web portal in the People’s Republic of China, has been approved by for the listing of its common shares on the NASDAQ Capital Market.
The insurance company began trading under an unchanged trading symbol (OTC BB:CHIO.OB) on July 1.
China INSOnline Corp., incorporated in Delaware and headquartered in Beijing, represents major insurance underwriting firms in China. The company offers online automobile, property and life insurance services through its industry web portal, www.soobao.cn.
“We are pleased to have been approved to the NASDAQ market and excited to join the prestigious family of leading growth companies in the world. At the same time, committed to consistent growth of our revenues and earnings, we continue to aggressively pursue our strategic expansion plans in the burgeoning automotive and personal insurance sector in China,” said Betty Xu, CEO.
Source: China INSOnline Corp.:
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