Trade China Life Insurance Company Limited - 2628 CFD

Trading Conditions

• Type: CFD
• Spread: 0.15
• Long position overnight funding adjustment: -0.01923%
• Short position overnight funding adjustment: -0.00268%
• Overnight funding adjustment time: 22:00 (UTC)
• Currency: HKD
• Min traded quantity: 10
• Margin: 5.00%
• Stock exchange: Hong Kong
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 27.55
• Open: 27.7
• 1-Year Change: 77.56%
• Day's Range: 27.45 - 28.25

About China Life Insurance Co Ltd

China Life Insurance Company Limited is a life insurance company. The Company provides a range of insurance products, including individual and group life insurance, health insurance and accident insurance products. It operates through three segments: Life Insurance, Health Insurance, and Accident Insurance. Its Life Insurance segment provides participating and non-participating life insurance and annuities to individuals and groups. Its Health Insurance segment provides short-term and long-term health insurance to individuals and groups. Its Accident Insurance segment provides short-term and long-term accident insurance to individuals and groups.

Financial summary

BRIEF: For the six months ended 30 June 2021, China Life Insurance Co Ltd revenues increased 7% to RMB544.71B. Net income increased 34% to RMB40.98B. Revenues reflect Life segment increase of 6% to RMB454.88B, Health segment increase of 8% to RMB64.69B. Net income benefited from Underwriting and policy acquisition cost decrease of 25% to RMB42.11B (expense), Net gains on investments of associates a increase of 91% to RMB7.68B (income).