• Most Popular
  • Most Shared

China Life says to invest more in stocks, bonds

Mon Sep 8, 2008 10:33pm EDT

Stocks

   

DUNHUANG, China, Sept 9 (Reuters) - China Life Insurance Co Ltd (601628.SS) (2628.HK), China's top life insurer, said it will seek opportunities to increase its investments in domestic stocks and bonds as valuations already looks attractive after sharp market declines this year.

China

China Life will also increase its investments in corporate bonds, in particular those issued by major Chinese enterprises to seek stable returns on investments, said Wang Junhui, vice president of the group's asset management unit.

China Life also intends to participate in more private equity deals to diversify its portfolio, said Wang.

China


More from Reuters

Photo

New home sales hit seven-month low

WASHINGTON (Reuters) - Consumer spending rose for a second straight month in November as incomes recorded their biggest gain in six months, but a surprise drop in new home sales was a reminder that the economic recovery would be bumpy.

» More Top News
A glass of water taken from a residential well after the start of natural gas drilling in Dimock, Pennsylvania, March 7, 2009. Dimock is one of hundreds of sites in Pennsylvania where energy companies are now racing to tap the massive Marcellus Shale natural gas formation. REUTERS/Tim Shaffer

Not in my watershed: NYC

The biggest U.S. city wants the state to ban one of the most promising sources of U.S. energy -- and also one of the most contentious.  Full Article 

Green Business
Cannabis sativa plant is seen in Buenos Aires, August 21, 2009. REUTERS/Enrique Marcarian
Bernd Debusmann:

Obama, drugs, common sense

American attitudes towards drug prohibition – and above all, punitive laws on marijuana – are changing too fast for policymakers and legislators to ignore.  Commentary 

U.S.