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China Life Insurance Co Ltd (LFC.N)

LFC.N on New York Stock Exchange

13.47USD
23 Sep 2016
Change (% chg)

$-0.28 (-2.04%)
Prev Close
$13.75
Open
$13.49
Day's High
$13.56
Day's Low
$13.42
Volume
255,556
Avg. Vol
203,987
52-wk High
$21.00
52-wk Low
$10.07

Latest Key Developments (Source: Significant Developments)

China Life Insurance's H1 net profit down 67 pct
Thursday, 25 Aug 2016 05:21am EDT 

China Life Insurance Co Ltd <601628.SS><2628.HK> :Says H1 net profit down 67 percent y/y.  Full Article

China Life Insurance announces resignation of CFO
Monday, 8 Aug 2016 06:00am EDT 

China Life Insurance Co Ltd <601628.SS>: China Life announces resignation of chief financial officer . "actively seeking approval of appointment of new chief financial officer" .Yang Zheng ceased to act as chief financial officer of company.  Full Article

China Life Insurance says Yang Zheng tendered his resignation as a vice president<2628.HK><601628.SS>
Monday, 8 Aug 2016 04:42am EDT 

China Life Insurance Co Ltd <601628.SS>: Announcement - resignation of vice president <2628.HK> . Yang zheng tendered his resignation as a vice president of the company on 8 August 2016 . Yang Zheng also ceased to act as the person in charge of finance of the company as approved by China Insurance Regulatory Commission . Actively seeking approval of appointment of the new person in charge of finance .  Full Article

China Life Insurance estimates profit decrease for first half of 2016<2628.HK><601628.SS>
Friday, 29 Jul 2016 04:47am EDT 

China Life Insurance Co Ltd <601628.SS>: Announcement on estimated profit decrease for the first half of 2016 <2628.HK> . Estimated that net profit attributable to equity holders of company for te first half of 2016 May decrease by a range of 65% to 70% . China life insurance co - estimated decrease in the results for the first half of 2016 is mainly attributable to the decrease in investment income . Source (http://bit.ly/2aOPYNb) ((For more news, please click here [601628.SS])) ((Bengaluru Newsroom; +91 80 6749 1130)).  Full Article

Dalian Wanda Commercial Properties says China Life Insurance gave LoI in favour of group<2628.HK><3699.HK><601628.SS>
Monday, 25 Jul 2016 05:09am EDT 

Dalian Wanda Commercial Properties Co Ltd <3699.HK>: Joint announcement the voluntary conditional general offer by China international capital corporation Hong Kong securities limited on behalf of the joint offerors to acquire all of the issued h shares in Dalian Wanda Commercial properties . China Life Insurance given letter of intent in favour of Dalian Wanda Group and CICC regarding its intention to support the delisting . Number of H shares held by China life and which are subject of letter of intent amounted to 48.4 million H shares .  Full Article

China Life Insurance posts premium income for H1
Thursday, 14 Jul 2016 04:35am EDT 

China Life Insurance <601628.SS><2628.HK> :Say H1 premium income at about 292.6 billion yuan ($43.76 billion).  Full Article

China Life Insurance comments on audit findings on controlling shareholder<2628.HK><601628.SS>
Wednesday, 29 Jun 2016 04:22am EDT 

China Life Insurance Co Ltd <601628.SS>: Issues identified in audit have no material impact on its overall operating results or its financial statements . In 2015, CNAO conducted routine audit on assets and liabilities, as well as the profits and losses of China Life Insurance Group .  Full Article

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

BRIEF-China Life Insurance posts premium income for H1

* Say H1 premium income at about 292.6 billion yuan ($43.76 billion)