▁known ▁as ▁China ▁In sur ance ▁Group ▁Sec ur ities ▁Hold ings , ▁a ▁Hong ▁Kong ▁incorpor ated ▁company , ▁also ▁owned ▁Ta ip ing ▁Sec ur ities ▁( H K ), ▁a ▁se cur ities ▁bro ker ▁and ▁financial ▁service ▁company . ▁It ▁was ▁founded ▁in ▁ 1 9 8 6 ▁as ▁New ▁Century ▁Sec ur ities , ▁by ▁the ▁Bank ▁of ▁China ▁Group . ▁The ▁company ▁renamed ▁to ▁China ▁In sur ance ▁Group ▁Sec ur ities ▁in ▁ 2 0 0 1 ▁and ▁the ▁current ▁name ▁in ▁ 2 0 0 9 . ▁ ▁History ▁ ▁Pre de cess ors ▁Despite ▁the ▁listed ▁company ▁was ▁incorpor ated ▁in ▁ 2 0 0 0 ▁in ▁Hong ▁Kong , ▁the ▁history ▁of ▁the ▁group ▁could ▁be ▁trac ed ▁back ▁to ▁Ta ip ing ▁In sur ance ▁Company ▁founded ▁in ▁Shang hai ▁in ▁ 1 9 2 9 . ▁Another ▁prede cess or , ▁China ▁In sur ance ▁Company , ▁Limited , ▁was ▁founded ▁in ▁ 1 9 3 1 ▁by ▁the ▁Bank ▁of ▁China . ▁M ing ▁An ▁In sur ance ▁Hong ▁Kong , ▁which ▁was ▁priv at ized ▁by ▁the ▁listed ▁company ▁in ▁ 2 0 0 9 , ▁first ▁founded ▁in ▁Hong ▁Kong ▁in ▁ 1 9 4 7 . ▁ ▁After ▁the ▁establishment ▁of ▁the ▁People ' s ▁Republic ▁of ▁China ▁in ▁ 1 9 4 9 , ▁the ▁Bank ▁of ▁China , ▁the ▁Ta ip ing ▁In sur ance ▁Company ▁and ▁the ▁China ▁In sur ance ▁Company ▁were ▁national