China Life (HKG:2628) Reports Higher 9-Month Premium Income; Hong Kong Stock Inched Higher


HONG KONG – China Life Insurance Co Ltd (HKG:2628)’s stock closed higher on Friday’s trading on the Hong Kong Stock Exchange after it reported higher premium income for the first nine months of this year.

Shares of China Life Insurance Co Ltd (HKG:2628) were up 1.53 percent to close at HK$29.95 on Friday, with an intraday high of HK$30.

On Friday, China Life Insurance said its accumulated premium income for the first nine months of 2015 was about Rmb310.5 billion, an increase of 14.4 percent over the same period last year.

China Life’s stock has a 52-week high of HK$40.49 and low of HK$20.94.

China Life Insurance Company Limited and its subsidiaries are principally engaged in providing individual and group life insurance, annuity products, and accident and health insurance in China.

It operates in five operating segments – individual life insurance business, group life insurance business, short-term insurance business, supplementary major medical insurance business, and other businesses. –