Nov. 4 (Bloomberg) -- China Pacific Insurance (Group) Co. plans to start trading its shares in Hong Kong before Dec. 25, Caijing magazine said, citing an unidentified investment banker.

The company is awaiting approval from the China Securities Regulatory Commission for the planned share sale and hasn’t set a timetable for Hong Kong’s stock exchange to review the offering, Beijing-based Caijing said on its Web site yesterday.

Shanghai-based China Pacific said in August that shareholders approved a plan to sell as many as 1 billion shares in Hong Kong for the first time.

For Related News and Information: Top Pacific Insurance stories: 601601 CH <Equity> TCNI WWTOP <GO> News on Chinese insurers: TNI CHINA INS <GO> Top financial news: FTOP <GO>

Last Updated: November 3, 2009 20:17 EST