China INSOnline Corp. (CHIO) is “One to Watch”
China INSOnline Corp. (CHIO) is an Internet service and media company focusing on the Peoples Republic of China insurance industry. Trading on the NASDAQ Capital Market, with a current market capitalization of $148.00 million, the company uses localized websites targeting greater China. They provide, through Soobao, a network portal through their industry website www.soobao.cn. They offer online automobile, property and life insurance services through this site. Soobao's goal is to raise the national insurance consciousness and reduce the cost of national security in China. They do this by constructing and maintaining their network to integrate and optimize business flow throughout…