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Taiwan’s ShinKong Life Insurance steps closer to forming JV with China Southern Airlines |
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Written by Administrator
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Monday, 09 October 2006 |
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BEIJING, October 9 (InfoChina) – Taiwan’s second largest life insurer, ShinKong Life Insurance Co. Ltd., may finalize by this yearend an agreement with Guangzhou-based China Southern Airlines Holdings on forming a life insurance joint venture in the mainland, according to Taiwan media reports. |
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Market hearsay: China Life to gain 6 billion ICBC shares |
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Written by Administrator
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Monday, 18 September 2006 |
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BEIJING, September 18 (InfoChina) – China Life Insurance Co., Ltd. (NYSE: LFC, HK: 2628) will obtain 6 billion shares from the IPO of the Industrial and Commercial Bank of China (ICBC), China’s biggest commercial bank, according to Hong Kong media reports. |
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China Life confirms to invest in Agricultural Bank of China |
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Written by Administrator
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Wednesday, 06 September 2006 |
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BEIJING, September 6 (InfoChina) – China Life Insurance Co., Ltd. (NYSE: LFC, HK: 2628) will surely make equity investment in the Agricultural Bank of China (ABC), one of China’s Big Four commercial banks, because transformation and listing of state-owned commercial banks create good investment opportunities, Yang Chao, chairman of China Life, confirmed on September 5’s press conference. |
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China Life has not given up plan to acquire Dazhong P&C |
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Written by Administrator
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Wednesday, 06 September 2006 |
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BEIJING, September 6 (InfoChina) – China Life has not actually stopped the negotiations on acquisition of the Shanghai-based Dazhong P&C Insurance, Yang Chao, chairman of China Life Insurance Co., Ltd. (NYSE: LFC, HK: 2628), said at a press conference on September 5. |
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China Life chooses three underwriters for its A-share IPO |
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Written by Administrator
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Wednesday, 06 September 2006 |
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BEIJING, September 6 (InfoChina) – China Life Insurance Co., Ltd. (NYSE: LFC, HK: 2628) has primarily chosen three securities dealers as underwriters of its pending A-share IPO. The three candidates are China International Capital Corp. (CICC), CITIC Securities and Galaxy Securities, said Liu Lefei, chief investment officer of the company, at a press conference on September 5. |
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