China Pacific Insurance delays Hong Kong listing

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HONG KONG, March 10 (Reuters) - China Pacific Insurance has delayed plans to raise roughly $4 billion in a Hong Kong share sale amid weak market conditions, sources familiar with the deal said on Monday.

The Shanghai-listed company had begun pre-marketing a Hong Kong offering last week in a deal handled by China International Capital Corp (CICC), Credit Suisse (CSGN.VX: Quote, Profile, Research, Stock Buzz) and UBS (UBSN.VX: Quote, Profile, Research, Stock Buzz).

"They decided to wait for better market conditions," said one of the sources, who declined to be identified. (Reporting by Kennix Chim and Tony Munroe)