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  • September 20, 2014
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  1. There's a price to pay for life of luxury

    Posted May 20th 2010, 12:00am by Kenneth Ko

    ... Kenneth Ko The tide has turned in the luxury residential leasing sector. Landlords have become less flexible in negotiations due to increasing demand from local and expatriate tenants for high-quality living space. A revival of leasing interest is kicking ...

  2. HSBC to set up life insurance venture with National Trust

    Posted Jun 10th 2009, 12:00am by Enoch Yiu

    ... Enoch Yiu HSBC Holdings has obtained approval from the China Insurance Regulatory Commission to set up a 50-50 joint-venture life insurance company with Beijing-based National Trust. HSBC Life Insurance will have a registered capital of 500 million yuan (HK$567 million) when it is established in the third quarter of the year. National Trust is a privately held trust company ...

  3. China Life put in bid for Wing Hang stake

    Posted Feb 25th 2009, 12:00am by Staff Reporter

    ... Maria Chan China Life Insurance, the largest life insurer on the mainland, proposed buying 10 per cent of Wing Hang Bank last year, according to documents released yesterday by Hong ... a ruling it made in August last year regarding two proposed acquisitions in Wing Hang. The panel disclosed that China Life had proposed acquiring 10 per cent of Wing Hang from BNY International ...

  4. China Life approach pumps up Wing Hang shares

    Posted Feb 26th 2009, 12:00am by Staff Reporter

    ... Maria Chan Shares in Wing Hang Bank surged as much as 11.26 per cent yesterday after the securities regulator said China Life Insurance had proposed last year to buy 10 per cent ... to as high as HK$44.45 in the morning but gave up most of the gains later in the day to close at HK$41.05, up 2.75 per cent. Daiwa Institute of Research said China Life's move showed mainland ...

  5. Step into a life of convenience

    Posted Mar 13th 2009, 12:00am by Kenneth Ko

    ... has a smart card system managed by GardenEast Management, a subsidiary of Hopewell. Hopewell has been working hard to inject new elements and new life into Queen's Road East in the past ...

  6. China Life to increase holding in fund unit

    Posted May 09th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu China Life Insurance, the mainland's largest life insurer, will inject 1.85 billion yuan (HK$2.07 billion) into its pension fund unit to expand its fledging enterprise annuities business. This will be the second capital injection by the state-owned insurer after 1.85 billion yuan in November. Following the injection, China Life's stake in China Life Pension ...

  7. China Merchants Bank to take 50pc stake in Cigna & CMC Life

    Posted May 06th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu China Merchants Bank is paying 141.9 million yuan (HK$158.3 million) for a 50 per cent stake in Cigna & CMC Life Insurance, a joint venture between Philadelphia-based ... the trail for bancassurance business on the mainland, it said yesterday. Cigna & CMC Life Insurance is a joint venture between the United States' Cigna and Shenzhen Dingzun Investment & ...

  8. China Life misused funds to build tower

    Posted Dec 31st 2004, 12:00am by Staff Reporter

    ... Bei Hu Auditor uncovers 5.4 billion yuan in irregularities at China's largest insurer China's largest life insurer misused 750 million yuan to build a Beijing office tower before its initial public offering last year, mainland legislators were told this week. The abuse was among a series of irregularities the National Audit Office found at China Life Insurance Co ...

  9. China Life seeks up to US$3b in dual listing

    Posted Dec 01st 2003, 12:00am by Jane Moir

    ... Jane Moir China Life Insurance, the mainland's largest life insurer, hopes to raise up to US$3 billion in its initial public offering (IPO) in New York and Hong Kong this month, according to sources. This makes it the largest offering worldwide this year. Previously, it was understood that China Life would aim to raise US$2.5 billion. The pricing range will be between ...

  10. China Life gets $27.8b lift

    Posted Nov 22nd 2003, 12:00am by Christine Chan

    ... Christine Chan Asset injection from parent comes just before the mainland insurance giant's dual listing in Hong Kong and New York China Life Insurance has inherited net assets worth ... Commission. The listing, which values China Life at about US$10 billion, will be the world's biggest initial public offering this year. China Life is attempting to raise almost four times ...




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