Hong Kong’s Securities and Futures Commission has publicly censured China Life Insurance (Overseas) Company for breaching the takeover code. The company is part of the nation’s largest life insurer, China Life. Photo: Reuters

SFC censures China Life offshoot for breaching takeover code

China Life Insurance (Overseas) accepts it failed to disclose 2,139 transactions in the shares of Glorious Property between May 9 and August 5 last year

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Hong Kong’s Securities and Futures Commission has publicly censured China Life Insurance (Overseas) Company for breaching the takeover code. The company is part of the nation’s largest life insurer, China Life. Photo: Reuters
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