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Article: China Life Insurance Group confirms it has no listing plan

Article from:
Xinhua News Agency
Article date:
May 10, 2007
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China Life Insurance Group confirms it has no listing plan

BEIJING, May 9 (Xinhua) -- China Life Insurance Group has "no plan" to list on the stock market, company sources said on Wednesday.

China Life Insurance Group, China's biggest life insurer and the parent company of the listed China Life Insurance Co., Ltd., generated 209.7 billion yuan in premiums in 2006.

Last month, rumours were rife that the group planned to get listed, causing the share price of China Life Insurance Co., Ltd to fluctuate sharply.

Buying a controlling stake in ...

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