PICC Property & Casualty Company Limited completed the acceptance of and payment for H rights shares and domestic rights shares on June 18th, 2013. Furthermore, the H rights shares have been listed and traded on the HKSE since July 3rd, 2013. The transaction represents the largest H-share and domestic share rights issue on the Main Board of the HKEx. The deal achieved an overall 10.97x subscription rate, despite the depressive state of the primary and secondary markets of HK, hitting again, after PICC P&C’s rights issue in 2011, a new record among Chinese financial’s H-share rights issues. CICC acted as Sole Global Coordinator for the H-share and domestic share rights issue, and as Sole Global Coordinator, Joint Lead Underwriter and Joint Book runner for the H-share rights issue.