Topic
Beijing-based China Life Insurance Co provides life insurance and annuity products. It listed in December 2003, raising US$3.5 billion.
TOPIC
Beijing-based China Life Insurance Co provides life insurance and annuity products. It listed in December 2003, raising US$3.5 billion.
- Draft rules pave the way for foreign investors to raise their stakes in insurance asset management companies to 100 per cent and assume control
- Announcement seen as signalling China’s commitment to removing foreign ownership limits
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.
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.
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.
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.
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.
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.
Kweichow Moutai is the only Chinese company to rank among the top 10 in the FutureBrand Index, with the top spot going to Apple.
Kweichow Moutai is the only Chinese company to rank among the top 10 in the FutureBrand Index, with the top spot going to Apple.
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.
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.
Net income for the first three quarters surged to 57.7 billion yuan, China Life said in an exchange statement.
Net income for the first three quarters surged to 57.7 billion yuan, China Life said in an exchange statement.
Mainland Chinese insurers are benefiting from Beijing’s deleveraging drive, as a scarcity of long-term funds helps them seal commercial property deals.
Mainland Chinese insurers are benefiting from Beijing’s deleveraging drive, as a scarcity of long-term funds helps them seal commercial property deals.
- Hong Kong insurers need to be innovative and forge closer ties with the Greater Bay Area or risk losing out to Singapore and Shanghai, according to the Financial Services Development Council
- Hong Kong insurers need to be innovative and forge closer ties with the Greater Bay Area or risk losing out to Singapore and Shanghai, according to the Financial Services Development Council