|Bid||27.500 x 0|
|Ask||27.550 x 0|
|Day's range||27.400 - 28.200|
|52-week range||19.840 - 28.200|
|PE ratio (TTM)||37.56|
|Forward dividend & yield||0.27 (1.00%)|
|1y target est||30.48|
Nov 8 (Reuters) - King Fook Holdings Ltd * On Nov 1, unit disposed 1.1 million China Life Insurance shares to independent purchasers at HK$26.35 per share, for HK$29 million Source text for Eikon: Further ...
Although growing level of premium income and investment income boost China Life's (LFC) top line, increasing expenses continue to hurt the bottom line.
China's latest push to revive its bloated state-owned sector is set to pick up pace this year, with bankers and investors expecting possible spin-offs and asset sales to follow a key Communist Party Congress in October. Beijing would likely lean on cash-rich SOEs like China Life Insurance and Citic Group Corporation to bail out the largest of the struggling companies, the people said. A limited role for private capital would raise questions about the depth of any overhaul of the SOEs.