Article: China Life Worth More & More - Analyst Blog

China Life Worth More & More - Analyst Blog

The following excerpts explain why Zacks senior insurance sector analyst Paul Cheung, CFA remains bullish on China Life Insurance Company Ltd. ( LFC ), the largest Chinese life insurance company:

"China Life announced strong financial results for the first three quarters of 2007 due to robust growth in premiums and investments. It is clear that China Life is the market leader in China‘s life insurance industry, where opportunities are significant. Although China Life still faces growing competition and has not successfully completed its conversion to higher margin products, its current valuation does not fully reflect its growth prospects, in ...

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