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China Life Insurance

(中国人寿保险股份有限公司)

中国人寿保险股份有限公司

Beijing-based China Life Insurance Co provides life insurance and annuity products. It listed in December 2003, raising US$3.5 billion.

Chairman / President

Wang Bin

CEO / Managing Director

Su Hengxuan

CFO / Finance Director

Zhao Peng

Industry

Insurance

Website

e-chinalife.com

Headquarters Address

16 Financial Street, Xicheng District, Beijing, China

Stock Code

SEHK: 2628

Year Founded

2003

A woman who bought a “love insurance” policy for US$28 in 2016 has claimed US$1,400 a decade later after getting married. Photo: SCMP composite/Shutterstock/Douyin

Trending in China

China woman buys US$28 ‘love insurance’, claims US$1,400 after marriage a decade later

Husband says he thought his wife had been scammed when told about policy; couple opt for cash payout over 10,000 roses.

13 Jan 2026 - 9:00AM

Hong Kong stock market

Hong Kong stocks gain as dip-buying offsets global sell-off

6 Nov 2025 - 4:26PM

Hong Kong stock market

Hong Kong stocks halt longest losing streak since 2024 on Fed rate cut hopes

15 Oct 2025 - 5:13PM

Crime in Hong Kong

Hong Kong police officers, solicitor among 6 charged over insurance scam

ICAC says 20 bogus policies used to deceive insurers into releasing payments of commissions, bonuses and allowances.

9 Oct 2025 - 12:16AM

The ICAC says the false representations were made between December 2016 and June 2024. Photo: May Tse

Hong Kong stock market

Hong Kong stocks snap 4-day decline on Fed rate-cut bets

Some analysts anticipate the Federal Reserve may cut rates by half a point in September.

4 Aug 2025 - 4:36PM

Hong Kong stock market

Hong Kong stocks rise on high hopes for US-China trade talks

Trade deal between the US and the EU includes a 15 per cent tariff on European goods entering the US.

28 Jul 2025 - 4:24PM

Hong Kong stock market

Hong Kong stocks continue winning week on hopes of US-EU trade agreement

‘What began as tariff-fuelled despair back in April is fast becoming a full-blown risk rally,’ SPI Asset Management analyst says.

24 Jul 2025 - 4:56PM

Exchange Square in Central, pictured on May 18, 2025. Photo: Sam Tsang

Hong Kong stock market

Hong Kong stocks sustain 3-year-high level on trade optimism

A US deal with Japan and scheduled talks with China reduce concerns about damage to the global economy from trade conflicts.

23 Jul 2025 - 4:37PM

Hong Kong stock market

Hong Kong stocks gain as PBOC’s benchmark-rate choice spurs optimism

Stocks pare the week’s losses as central bank’s rate decision hints at sustained recovery in the world’s second-largest economy.

20 Jun 2025 - 4:20PM

Hong Kong stock market

Hong Kong stocks rise on China policy hopes after soft economic data

China’s industrial output and fixed-asset investment fell short in May, and the downturn in the property market deepened.

16 Jun 2025 - 4:40PM

Workers pack knives at a factory in Yangjiang, south China’s Guangdong province, on June 11, 2025. Photo: Xinhua

China property

Chinese developer Sino-Ocean’s debt plan wins court approval in UK

The outcome potentially paves the way for the company to prevail in a liquidation lawsuit in Hong Kong later this month.

4 Feb 2025 - 4:25PM

A model of a residential complex developed by Sino-Ocean Group is pictured in Qinhuangdao city, Hebei province, China, on June 30, 2024. Photo: Simon Song

China stock market

Beijing unveils US$7.2 billion injection of insurer capital for stocks

China Pacific, Taikang Life and Sunshine Life among the firms putting ‘patient capital’ into A shares to help stabilise the market.

27 Jan 2025 - 3:00PM

Insurance

Buyers from mainland China drive record Hong Kong life insurance sales

Sales surge 12 per cent to US$14.9 billion as mainland visitors continue buying spree to chase better returns and hedge the yuan.

30 Aug 2024 - 4:39PM

China property

Bondholders ‘strongly oppose’ Chinese developer Sino-Ocean’s debt-revamp plan

Linklaters, the legal adviser for an ad hoc group of bondholders, held a meeting on Wednesday to boycott the developer’s proposal, urging creditors not to sign the restructuring support agreement.

26 Jul 2024 - 6:46PMvideocam

Models of new residential buildings developed by Sino-Ocean Group in Qinhuangdao city, Hebei province. Photo: Simon Song

China stock market

Chinese insurers to launch US$7 billion equity fund as state support rises

New China Life Insurance and China Life Insurance will each invest US$3.5 billion in the equity fund that will be managed by a joint venture called Honghu Private Securities Investment Fund.

30 Nov 2023 - 4:45PM

Chinese authorities are boosting efforts through a series of measures to boost the slumping stock market. Photo: Shutterstock

China property

Sino-Ocean seeks 12-month reprieve to repay US$280 million bond as sales slump

Chinese developer Sino-Ocean has proposed to roll over a bond by 12 months as it struggles with a liquidity squeeze. Bondholders have demanded a full repayment when due on August 2.

25 Jul 2023 - 6:00PMvideocam

Banking & finance

China’s private pension market could be US$969 billion opportunity by 2030

Private individual pensions could grow into a US$969 billion opportunity within China’s overall US$3.8 trillion pension market by 2030, according to KPMG China and ASIFMA.

26 Jun 2023 - 3:22PMvideocam

China stock market

Chinese insurance stocks back in favour after best first-quarter result in five years

A gauge of five insurers trading on the Shanghai Stock Exchange has risen 22 per cent since the start of April, according to data compiler Shanghai DZH. The benchmark Shanghai Composite Index has gained about 2 per cent in the same time span.

5 May 2023 - 7:58PM

China Life Insurance, the biggest firm in the industry by market value, reported an 18 per cent rise in stocks in the first quarter. Photo: ImagineChina

US-listed Chinese stocks

More Chinese state-owned firms will delist from US, analysts say

The voluntary delisting of five SOEs including Sinopec and PetroChina from the New York Stock Exchange could pave the way for further exits, according to analysts.

16 Aug 2022 - 8:47AMvideocam

Insurance

Chinese insurers take a market beating as lockdowns hurt investment pool

China’s biggest insurers suffered a beating last quarter as stock and bond losses eroded income from their trillion-dollar investment pools.

2 May 2022 - 5:00PMvideocam

Insurance

Chinese insurers compete in ‘quarantine coverage’ amid health costs pressure

Coverage periods have been shortened and prices lowered amid regulatory pressure to avoid consumer rights abuses

6 Apr 2022 - 7:14PMvideocam

Banking & finance

China to cut foreign ownership cap for firms handling US$2.9 trillion in assets

In a boost for overseas insurance companies, China is set to scrap a cap on foreign ownership of insurance asset management companies under draft rules announced on Friday.

10 Dec 2021 - 5:20PMvideocam

A street in Shanghai. The China Banking and Insurance Regulatory Commission says it will collect public opinion on the rule change for a month. Photo: EPA-EFE

Dealing with debt

China’s Huarong gets state-led bailout after record 2020 loss

The rescue package unveiled on Wednesday, while thin on official details, suggests President Xi Jinping’s government is for now unwilling to allow a default by one of China’s most systemically important state-owned companies.

19 Aug 2021 - 4:02PM

Banking & finance

China Life to buy US$2.7 billion of shares in affiliate Guangfa Bank

China Life Insurance plans to buy 2 billion new shares of its affiliate China Guangfa Bank to prevent its stake from being diluted by new investors in the lender.

26 May 2021 - 7:39PM

China census and demographics 2021

China turns to insurers to unlock GDP-sized savings to avert pension crisis

China will launch a one-year pilot programme in June to spur the sale of private endowment plans and help ease the pressure on state pension fund. Foreign insurers will be keeping a close watch.

25 May 2021 - 10:50AMvideocam

A group of elderly Chinese people enjoys a day in Beijing. China’s state pension fund could run out of money by 2035 by one estimate. Photo: AFP

Alibaba

Chinese firms largely missing from list of world’s most admired companies

Kweichow Moutai is the only Chinese company to rank among the top 10 in the FutureBrand Index, with the top spot going to Apple.

6 Aug 2020 - 9:38PM

Kweichow Moutai ranked fifth in the FutureBrand Index. Photo: Simon Song

InsuTech

Here’s how tech cuts China’s medical cost to the price of a Starbucks coffee

In the fourth in a five-part series, Enoch Yiu looks how technology firms like Ant Financial and Tencent Holdings are using their innovative powers to create insurtech and mutual aid platforms that make health care coverage affordable to more people.

4 Apr 2020 - 12:49PMvideocam

China stock market

China Life’s nine-month profit jumps 190 per cent on investment gains

Net income for the first three quarters surged to 57.7 billion yuan, China Life said in an exchange statement.

29 Oct 2019 - 9:37PM

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