China Life Insurance Co., Ltd. (hereinafter referred to as China Life Insurance, China Life Insurance and China Life Insurance), commonly known as "Shouzai" in Hong Kong securities industry, (HKEx: 2628, NYSE: LFC, SSE: 60 1628) is the largest insurance company in China. The main business is to provide life insurance and annuity products. It is one of the seven banks and five guarantees (formerly known as six banks and three guarantees) of Chinese-funded financial stocks in Hong Kong. The company is registered in People's Republic of China (PRC), and its chairman is Yang Chao. The total assets of the company at the end of 2009 were RMB 65.438+226.257 million. In 2007, the total premium and policy management fee income was114.04 million RMB, and the net profit was 38.879 billion RMB. On October 9th, 2007, 65,438, China Life was listed on the Shanghai Stock Exchange, and issued/kloc-0.5 billion A shares at the issue price of/kloc-0.8 yuan per share. * * * raised 28.32 billion yuan, and the closing price on the first day was 38.93 yuan, which was 106% higher than the issue price, and the P/E ratio was higher than that in 2006. However, China Life's share price in Hong Kong has fallen sharply for several days since 65438+10.9, and the difference between Shanghai and Hong Kong is over 30%. On February 9th, 2007, Hang Seng Index Service Company announced that China Life Insurance and Industrial and Commercial Bank of China (1398) were incorporated into the constituent stocks of Hang Seng Index on March 2nd. 65438 On February 27th, 2009, China Life Insurance invested 58190,000 yuan to acquire 6.57% shares of Ocean Land/kloc-0, involving 934 million new shares at a subscription price of 6.23 yuan/share. Company type: State-owned enterprise, established in 2003. Headquarters: Floor A 12, China Life Plaza, Xicheng District, Beijing, China. Important person: Chairman Yang Chao Slogan: I have known each other for many years, and it is worth entrusting to the industry: life insurance.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.