China Life Insurance Receives Approval to Issue Bonds Worth Up to 35 Billion Yuan

MT Newswires Live09-19

China Life Insurance (SHA:601628) received regulatory approval from the National Financial Regulatory Administration and the People's Bank of China to issue 10-year callable capital supplementary bonds, according to a Wednesday filing with the Shanghai bourse.

Under the current approval, the insurer can issue bonds up to 35 billion yuan. Following completion, the bonds will be traded in the national interbank bond market.

Price (RMB): Â¥34.99, Change: Â¥-0.13, Percent Change: -0.37%

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