Company China Life Insurance Company Limited

Equities

2628

CNE1000002L3

Life & Health Insurance

Delayed Hong Kong S.E. 09:20:06 2024-04-23 pm EDT 5-day change 1st Jan Change
9.6 HKD +0.95% Intraday chart for China Life Insurance Company Limited +8.44% -6.03%

Business Summary

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.

Number of employees: 100,000

Sales per Business

HKD in Million2022Weight2023Weight Delta
Life
83.0 %
783,074 81.5 % 768,032 83.0 % -1.92%
Health
14.3 %
141,640 14.7 % 132,002 14.3 % -6.80%
Accident
1.7 %
17,456 1.8 % 15,938 1.7 % -8.69%
Other
1.5 %
22,307 2.3 % 13,984 1.5 % -37.31%
Elimination
-0.4 %
-3,876 -0.4 % -4,124 -0.4 % +6.40%

Sales per region

HKD in Million2022Weight2023Weight Delta
China
100.0 %
960,601 100.0 % 925,832 100.0 % -3.62%

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 20,823,530,000 1,371,725,578 ( 6.587 %) 0 31.18 %
Stock B 1 7,441,175,000 7,441,175,000 ( 100.00 %) 0

Shareholders

NameEquities%Valuation
Fidelity Management & Research Co. LLC
4.377 %
325,690,193 4.377 % 391 M $
BlackRock Fund Advisors
2.584 %
192,259,000 2.584 % 231 M $
BlackRock Advisors (UK) Ltd.
0.8656 %
64,413,741 0.8656 % 77 M $
Value Partners Ltd.
0.8540 %
63,544,000 0.8540 % 76 M $
Fidelity Management & Research (Hong Kong) Ltd.
0.8048 %
59,887,775 0.8048 % 72 M $
BlackRock Investment Management (UK) Ltd.
0.3131 %
23,298,099 0.3131 % 28 M $
Sumitomo Mitsui Asset Management Co., Ltd.
0.2503 %
18,625,000 0.2503 % 22 M $
State Street Global Advisors Ltd.
0.2308 %
17,176,141 0.2308 % 21 M $
HuaAn Fund Management Co., Ltd.
0.2255 %
16,778,000 0.2255 % 20 M $
Sjunde AP-fonden
0.2190 %
16,296,000 0.2190 % 20 M $
NameEquities%Valuation
Government of China
92.84 %
19,333,530,000 92.84 % 76 238 M $
China Securities Finance Corp. Ltd.
3.401 %
708,240,246 3.401 % 2 793 M $
China Investment Corp. (Investment Company)
0.5627 %
117,165,585 0.5627 % 462 M $
China Southern Asset Management Co., Ltd.
0.2478 %
51,593,444 0.2478 % 203 M $
HuaAn Fund Management Co., Ltd.
0.1437 %
29,921,640 0.1437 % 118 M $
China Asset Management Co., Ltd.
0.0824 %
17,150,685 0.0824 % 68 M $
GF Fund Management Co., Ltd.
0.0704 %
14,665,744 0.0704 % 58 M $
Founder Fubon Fund Management Co., Ltd.
0.0699 %
14,558,512 0.0699 % 57 M $
ICBC Credit Suisse Asset Management Co., Ltd.
0.0609 %
12,680,680 0.0609 % 50 M $
Huatai-PineBridge Fund Management Co., Ltd.
0.0306 %
6,380,751 0.0306 % 25 M $

Holdings

NameEquities%Valuation
44,977,125 4.98% 658,154,768 $
546,623,985 4.18% 559,671,900 $
138,059,400 4.97% 241,668,838 $
259,576,183 0.63% 188,195,328 $
110,092,230 2.05% 169,232,675 $
556,388,000 4.98% 164,930,095 $
188,055,115 3.58% 154,295,461 $
18,002,318 0.85% 121,353,086 $
2,253,459,151 29.59% 82,048,448 $
11,777,080 1.59% 32,312,892 $

Company contact information

China Life Insurance Co. Ltd.

12F China Life Plaza, Tower A No. 16, Financial Street

100033, Beijing

+86 10 6363 3333

http://www.e-chinalife.com
address China Life Insurance Company Limited(2628)

Group companies

NameCategory and Sector
Golden Phoenix Tree Ltd.
Glorious Fortune Forever Ltd.

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
22
Last Close Price
8.793 CNY
Average target price
13.22 CNY
Spread / Average Target
+50.36%
Consensus

Quarterly revenue - Rate of surprise

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