China Life Insurance
China starts pilot project allowing insurance funds to invest in gold
The investment options under the programme include gold spot physical contracts, gold spot deferred delivery contracts, and gold leasing business listed or traded on the Shanghai Gold Exchange
Sino-Ocean’s Hong Kong wind-up case delayed as UK ruling looms
The company is involved in parallel proceedings in London on its debt plan for both bondholders and bank lenders
China Life says profit jumps as market rally lifts returns
CHINA Life Insurance said profit surged 174 per cent in the first nine months of the year as a rally in the nation’s stock market bolstered investment returns.
China Life says profit to jump up to 185% on market rally
CHINA Life Insurance said profit for the first nine months is expected to increase as much as 185 per cent, buoyed by investment returns.
China Life profit rises as market lifts investment returns
CHINA Life Insurance, the nation’s largest life insurer by market share, said profit rose 11 per cent in the first half as an improving stock market boosted investment returns.
China asks large state financial institutions to drop auditor PwC: sources
CHINESE regulators have in recent months asked several large state-owned clients of PricewaterhouseCoopers (PwC) to drop the auditor as it braces for penalties over its work for troubled property deve...
China Life mandates banks for up to US$2 billion bond offering
CHINA Life Insurance (Overseas) Hong Kong has mandated banks for its 10-year subordinated bond offering, according to a preliminary term sheet seen by Reuters on Monday (Aug 7).
China Life Overseas gears up to tap mainlanders as sales jump
AS Chinese visitors return to Hong Kong and snap up insurance policies again, the nation’s largest life insurer is stepping up efforts to seize a bigger share.
China Life profit falls 37% on stock market slump, Covid impacts
CHINA Life Insurance said profit fell 37 per cent last year as a stock-market rout eroded investment returns while Covid lockdowns and outbreaks hampered sales.
China Life profit slumps as stock market rout hurts returns
CHINA Life Insurance, the nation's largest life insurer, said profit slumped 47 per cent in the first quarter as a stock market rout hurt investment returns and sales were hampered by the pandemic.
