Ping An Life Insurance Boosts Stake in China Life with 14.38 Million Share Purchase

Stock News05-14 19:33

According to the latest data from the Hong Kong Stock Exchange, on May 11, Ping An Life Insurance Company of China, Ltd. increased its holdings in CHINA LIFE (02628) by 14.381 million shares, at a price of approximately HK$31.48 per share, with a total transaction value of around HK$453 million. Following this acquisition, the company's total shareholding in CHINA LIFE has risen to approximately 976 million shares, representing a stake of about 13.12%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment