The fact of Yanjetsxe Insurance Association shares reaching the figure of $40 hus given rise to a crop of rumours in Shanghai, Tt is stated that the support to this stock comes from Hongkong, and there are queries whether another amalgamation scheme is not on foot.
It la known that a few years ago tone of the China insurance companies made a proposal to buy up the Yangtsze, but this came to nought, To-flay there are reports that a bank and a chipping company are interested similar venture. Future developments will be awaited with interest.
Text read from the printed page and cleaned; old type leaves the occasional error.