SEHK:2628Insurance
Evaluating China Life Insurance (SEHK:2628)’s Valuation After RMB5 Billion Real Estate Commitment
China Life Insurance (SEHK:2628) has been back on investors’ radar after committing an extra RMB5 billion to its flagship real estate partnership, tightening the link between its investment portfolio and long term insurance liabilities.
See our latest analysis for China Life Insurance.
The extra commitment to its Beijing real estate project comes on top of November’s strong premium update and tighter asset management governance. The market has taken notice, with the share price at HK$28.8 and...