She likes the Chinese insurance sector. Penetration levels are very, very low. The bond yield in China is starting to pick up, and that usually helps the lifecos. This is the largest company in China. They have gone through a rough time over the last 12-18 months, so it is trading at a very big discount to its peers. It will benefit from higher interest rates. She prefers Ping An and AIA (AAGIY-PK), as larger and more diversified plays.
China Life Insurance is a American stock, trading under the symbol LFC-N on the New York Stock Exchange (LFC). It is usually referred to as NYSE:LFC or LFC-N
In the last year, there was no coverage of China Life Insurance published on Stockchase.
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In the last year, there was no coverage of China Life Insurance published on Stockchase.
On 2022-09-01, China Life Insurance (LFC-N) stock closed at a price of $7.06.