China Life Insurance Co Ltd (2628.HK) Key Developments | Reuters.com
Edition:
United States

China Life Insurance Co Ltd (2628.HK)

2628.HK on Hong Kong Stock

16.46HKD
24 Jun 2016
Change (% chg)

HK$-0.52 (-3.06%)
Prev Close
HK$16.98
Open
HK$16.54
Day's High
HK$17.06
Day's Low
HK$16.00
Volume
92,659,154
Avg. Vol
49,388,672
52-wk High
HK$35.50
52-wk Low
HK$16.00

Latest Key Developments (Source: Significant Developments)

Didi Chuxing completed $7.3 billion financing round
Wednesday, 15 Jun 2016 09:35pm EDT 

Didi Chuxing: Completed $7.3 billion financing round . China Merchants Bank has committed to become lead arranger for syndicated loan to Didi of up to $2.5 billion . China Life contributed long-term debt investment of about $300 million Further company coverage: [600036.SS] (Bengaluru Newsroom) ((+1 646 223 8780;)).  Full Article

Didi Chuxing, China’s rival to Uber, scores $7 bln in new funding - WSJ
Wednesday, 15 Jun 2016 12:15pm EDT 

: Didi Chuxing, China’s rival to Uber, scores $7 bln in new funding - WSJ . Didi Chuxing Technology co has secured a $2.5 billion debt package from China Merchants Bank Co - WSJ citing sources . Didi Chuxing Technology Co will now have more than $10 billion in cash on hand following the new fundraising round through equity and debt - WSJ Source: (http://on.wsj.com/28Ed9Sz) (Bengaluru Newsroom: +1 646 223 8780).  Full Article

China Life Insurance posts Jan-May premium income of 250.2 bln yuan
Tuesday, 14 Jun 2016 04:02am EDT 

China Life Insurance Co Ltd <601628.SS><2628.HK> :Says Jan-May premium income at about 250.2 billion yuan ($37.97 billion).  Full Article

China Life Insurance to pay 2015 dividend payment on June 17
Thursday, 9 Jun 2016 04:39am EDT 

China Life Insurance <601628.SS> Co Ltd: Says it will pay cash dividend of 4.2 yuan per 10 shares (before tax) to shareholders for 2015 as a record of June 16 .Says the company's shares will be traded ex-right and ex-dividend on June 17 and the dividend will be paid on June 17.  Full Article

BRIEF-China Life Insurance's Jan-Apr premium income at about 223.6 bln yuan
Monday, 16 May 2016 03:56am EDT 

China Life Insurance Co Ltd <601628.SS><2628.HK> :Says Jan-Apr premium income at about 223.6 billion yuan ($34.28 billion).  Full Article

China Life Insurance issues Q1 2016 net profit outlook
Wednesday, 20 Apr 2016 08:00pm EDT 

China Life Insurance Co Ltd:Sees net profit for Q1 2016 to decrease by 55~60 pct, compared to net profit of Q1 in 2015 (12,271 million yuan).Says less gain from investment and change of traditional risk reserve fund discount rate are main reasons for the outlook.  Full Article

China Life Insurance says 2015 dividend payment as 0.42 yuan per share
Wednesday, 23 Mar 2016 08:00pm EDT 

China Life Insurance Co Ltd:To pay cash dividend of 4.2 yuan per 10 shares (before tax) to the company's shareholders for 2015.  Full Article

China Life Insurance gives 2015 net profit outlook below I/B/E/S estimates
Friday, 29 Jan 2016 07:00pm EST 

China Life Insurance Co Ltd:Sees net profit for 2015 to increase 5 pct to 10 pct.Says the net profit of 2014 was 32.211 billion yuan.2015 reported net profit of 44.81797 billion yuan – Thomson Reuters I/B/E/S.Comments that increased investment income as the main reason for the forecast.  Full Article

China Life Insurance issues 2015 H1 net profit outlook
Wednesday, 29 Jul 2015 08:00pm EDT 

China Life Insurance Co Ltd:Sees net profit for 2015 H1 to increase 70 pct.Says the net profit of 2014 H1 was 18,407 million yuan.Comments that sales increase and investment income as the main reasons for the forecast.  Full Article

China Life Insurance announces 2014 dividend payment date
Sunday, 7 Jun 2015 08:00pm EDT 

China Life Insurance Co Ltd:To pay cash dividend of 0.4 yuan per 10 shares (before tax) to shareholders of record on June 11 for 2014.The company's shares will be traded ex-dividend on June 12 and the dividend will be paid on June 12.  Full Article