China Life Insurance Co Ltd (2628)

China Life Insurance Co Ltd (2628)

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China Life Insurance Co Ltd Profile

China Life Insurance Co Ltd (2628.xhkg) is a Chinese state-owned financial insurance enterprise and annuity products provider headquartered in Beijing, the People’s Republic of China. China Life Insurance offers a wide range of life, accident, and health insurance products and services. China Life has developed a network of more than 8,000 field offices, 4,800 branch offices, 3,000 customer service offices, 87,000 sales outlets, and approximately 717,000 employees. CHINALIFE has a ¥674.29B (CNY) market cap, making it the third-largest insurer globally. It is traded on the New York Stock Exchange (NYSE), the Shanghai Stock Exchange (SSE), and the Hong Kong Stock Exchange (SEHK). China Life Insurance Co Ltd’s share (2628.xhkg) has dropped 30% in value over the past year. In July, China Life Insurance Co Ltd declared an annual dividend of $0.426 (USD) per share, payable to shareholders in September and in July. China Life Insurance’s current year consensus estimate has risen by 19.7% in the past couple of months, while the full year estimate has improved by 1.4%.

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