Wikio - China Life Insurance

China Life looks overseas after cutting Visa stake (Law Blog - WSJ.com)

Wed, 27 Aug 2008 07:24:00 GMT

China Life Insurance Co. said it is looking into overseas investment opportunities after cutting its stake in credit-card firm Visa Inc. by half.

Source : Law Blog - WSJ.com (subscribe)

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China Life looking at acquisitions (People Daily)

Wed, 27 Aug 2008 02:17:43 GMT

China Life Insurance Co, the country's largest life insurer, will increase investments in infrastructure and look out for acquisition opportunities in the financial industry, the company's top management said yesterday. The insurer's growing interest in fixed-income products and stake investment stems from the uncertain outlook for the country's stock market in the second half of the year. "The...

Source : People Daily (subscribe)

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China Life sees new opportunities (Business Times Asiaone)

Tue, 26 Aug 2008 20:00:00 GMT

(HONG KONG) China Life Insurance said yesterday that it expects China's domestic A-share market to decline further in the second half, adding that it would seek investments in domestic infrastructure projects including energy, power and transportation. The country's top life insurer also said that it would watch for potential investments in the domestic financial services industry.

Source : Business Times Asiaone (subscribe)

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China Life's first half profit falls 36% (People Daily)

Tue, 26 Aug 2008 02:34:13 GMT

China Life Insurance Company Co., the country's biggest insurer, said its first-half profit fell 36.16 percent, as a bearish stock market has squeezed investment return. Its net profit was 10.77 billion yuan (1.54 billion U.S. dollars) by June under China accountant standards, or 0.38 yuan per share, the company said in its half-year report on Monday. During January to June period, its investment...

Source : People Daily (subscribe)

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China Life 1H net income falls 32% to $2.3 billion (Market Watch)

Mon, 25 Aug 2008 10:13:41 GMT

HONG KONG (MarketWatch) -- China Life Insurance Co. , the nation's largest insurer, said Monday net income for the first-half declined 32% from a year earlier as the slump in China's equities markets damped returns on investments. Net income totaled 15.8 billion yuan ($2.3 billion), down from 23.3 billion yuan in the year-earlier period. The result exceeded average forecasts for a 10.42 billion...

Source : Market Watch (subscribe)

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Three Key Chinese Financial Sector ADRs (Seeking Alpha)

Wed, 06 Aug 2008 09:49:16 GMT

Tom Malthus submits: As a follow-up to my energy sector ADR piece , I am going to take a look at the Chinese and Hong Kong Financial sector ADRs. There are 3 Chinese and Hong Kong ADRs within the GICS financial sector: China Life Insurance (LFC), E-House (EJ), and Xinyuan Real Estate. Complete Story »

Source : Seeking Alpha (subscribe)

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Snapshots China Life Insurance 2008 is designed to save time for clients by providing an industry data overview, market size, shares and forecasts (Business Wire)

Tue, 22 Jul 2008 16:51:00 GMT

Snapdatas Snapshots China Life Insurance 2008 provides 2007 year-end market size data, with 2008 estimates, 5 years of historical data and five-year forecasts. The Snapshots report gives an instant overview of the Chinese life insurance market and covers traditional life insurance, pension insurance and personal accident insurance. Market value is based on single and regular premium income....

Source : Business Wire (subscribe)

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A Taste of China (The Sun's Financial Diary)

Tue, 22 Jul 2008 03:29:02 GMT

With less than one month away from the Beijing Olympics, here’s a short video to give you a little taste of China if you can’t go to the Games a A Taste of China ---Check Out These Related Articles:Chinese Stocks: Too Hot to Handle?China Life Insurance Suspended, againChina: 2008China Life Surge with No Apparent ReasonAirliners Soliciting [...]

Source : The Sun's Financial Diary (subscribe)

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The Short Case for China Life Insurance (Seeking Alpha)

Mon, 21 Jul 2008 12:20:23 GMT

Michael Michaud submits: My weekly stock pick last week was Google (GOOG). Its earnings disappointed the Street, and I got stopped out as the stock price declined. I’m re-initiating a buy on it at its current July 18 Friday close price of $481.32; stop-loss is $440.00. I’m seeing the major, intermediate, and minor fifth waves possibly ending here and opening up an opportunity for a possible reversal...

Source : Seeking Alpha (subscribe)

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Markets fall sharply across Asia and Europe, some indexes off over 3% (DATA news)

Tue, 15 Jul 2008 10:00:00 GMT

Filed under: International markets , Toyota Motor Corp. (TM) , Barclays plc ADS (BCS) , China Life Insurance ADS (LFC) Markets in Europe and Asia sold off sharply. The Nikkei fell 2% to 12,755. Toyota (NYSE: TM ) was off 2.5% to 4680 yen. The Hang Seng sold off 3.9% to 21,157. China Life (NYSE: LFC ) dropped 6.1% to 26.75 yuan. The Shanghai Composite was down 3.4% to 2,779. In London, the FTSE...

Source : DATA news (subscribe)

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ATA Delivers Counter Officer Qualification Exam to China Life Insurance Employees (PR News Wire )

Thu, 19 Jun 2008 14:14:00 GMT

BEIJING, June 19 /Xinhua-PRNewswire-FirstCall/ -- ATA Inc. (Nasdaq: ATAI) ("ATA", or the "Company"), the leading provider of computer-based testing services in China, announced today that it has successfully delivered Counter Officer Qualification Exam to China Life Insurance Company Limited ("China Life Insurance"). On June 14, 2008 a total of 32,582 people sat China Life Insurance's Counter...

Source : PR News Wire (subscribe)

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China Life to expand overseas investment -exec (Reuters UK)

Thu, 29 May 2008 01:00:16 GMT

SHANGHAI, May 29 (Reuters) - China Life Insurance Co , the country's largest life insurer, intends to expand its investment overseas, a senior executive said.

Source : Reuters UK (subscribe)

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After China quake, insurance claims of $19 mn already (Thaindian News)

Thu, 15 May 2008 09:23:33 GMT

Xinhua Beijing, May 15 (Xinhua) China Life Insurance (Group) Co., the nation's largest life insurer, has received 150 policy claims from the quake-hit areas in southwestern China, officials said Thursday. The company has estimated the combined compensation payments at 134 million yuan ($19.14 million) as of 4 p.m. Wednesday. The insurer said it has already settled [...]

Source : Thaindian News (subscribe)

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China Life plunges after Q1 profit declines (People Daily)

Tue, 29 Apr 2008 06:11:14 GMT

China Life Insurance Co, the nation's largest insurer, fell in Shanghai trading after the company reported a drop in first-quarter profit as a declining domestic stock market hurt investment returns. The Beijing-based insurer lost 4.12 p ...

Source : People Daily (subscribe)

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China Life Q1 profits down 61% (The Dragon Wisdom)

Mon, 28 Apr 2008 11:25:35 GMT

China Life Insurance announced first-quarter net profits of US$495.2 million, down 61% from the same period last year according to Chinese accounting standards, Reuters reported. The insurer, China's largest, recorded a loss of US$786 million on the fair value of its portfolio investments during the three-month period as the Shanghai stock market fell sharply from highs the previous fall. China...

Source : The Dragon Wisdom (subscribe)

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China Life profit plummets 61pc (Commercial Insurance Knowledge)

Mon, 28 Apr 2008 06:45:20 GMT

China Life Insurance said yesterday that first-quarter net profit unexpectedly plunged 61 percent from a year earlier to 3.47 billion yuan on account of investment losses in the slumping domestic market. Bookmark To:

Source : Commercial Insurance Knowledge (subscribe)

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China Life net profit down 61% in Q1 on stock slumps (People Daily)

Mon, 28 Apr 2008 00:38:30 GMT

China Life Insurance Company Limited, the country's largest life insurer, said Sunday its first-quarter net profit plummeted 60.9 percent year on year on slumps of its stock investment returns. The insurer's net profit in the first ...

Source : People Daily (subscribe)

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UPDATE 1-China Life first-quarter profit falls 61 percent (Reuters UK)

Sun, 27 Apr 2008 12:56:45 GMT

HONG KONG, April 27 (Reuters) - China's top life insurer China Life Insurance Co reported a 61 percent fall in first-quarter profit, according to Chinese accounting standards, dented by a poor investment performance.

Source : Reuters UK (subscribe)

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Two Chinese Stocks Showing Opportunity (Seeking Alpha)

Wed, 23 Apr 2008 08:42:23 GMT

Investment Capitalist submits: I’m becoming convinced that Chinese stocks are presenting an opportunity for swing traders. These particular stocks accomplish their moves in gaps. Here is China Life Insurance (LFC): Complete Story »

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China Life Insurance Market Report, 2007 Is Out Now (The Earth Times Online Newspaper)

Mon, 21 Apr 2008 00:24:23 GMT

DUBLIN, Ireland - (Business Wire) Research and Markets (), has announced the addition of “China Life Insurance Market Report, 2007” to their offering. In China, up to 2005, 47 foreign insurance organizations from 15 countries and regions had established 121 operation organizations, and 135 foreign insurance organizations had set up nearly 200 offices. The premium revenue of domestic insurance...

Source : The Earth Times Online Newspaper (subscribe)

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