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%.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in HK Time
Fri
09:00-16:00
Mon
09:00-16:00
Tue
09:00-16:00
Wed
09:00-16:00
Thu
09:00-16:00
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 22869

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