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China Life Unit: Studying Possible Overseas Buys Amid Turmoil
Last Update: 9/18/2008 3:16:01 AM
BEIJING (Dow Jones)–China Life Insurance (Group) Co. recently held special
meetings to study potential opportunities for overseas acquisitions amid the
market turmoil, Zhang Fengming, vice president of the group’s asset management
unit, said Thursday.
“We have kept seeking targets overseas and domestically for strategic investment
but we are [...]

2nd UPDATE:China Life Seeks To Raise Stk Invest;Eyes Grp IPO
Last Update: 9/9/2008 5:11:12 AM
(Adds China Life executive’s comments on overseas acquisitions, closing level for
benchmark index.)
DUNHUANG, China (Dow Jones)–China Life Insurance Co. (LFC), the largest investor
in China’s stock market, said Tuesday it will seek to raise its investment in
equities, after the country’s bourses fell by more [...]

UPDATE: China Life: US Court Dismisses Class-Action Lawsuit
Last Update: 9/4/2008 8:19:58 AM
(Adds amount of irregularities found by audit.)
HONG KONG (Dow Jones)–China Life Insurance Co. (LFC) said Thursday a U.S. court
dismissed a class-action lawsuit brought against it by U.S. investors, which
alleged the company had concealed financial fraud and a government probe of that
fraud from investors during [...]

CORRECT: China Life Cuts Visa Stake By Half From 6 Mln In Mar
Last Update: 8/26/2008 7:23:27 AM
(Adds first-half net profit and investment gains, executive’s comments on
overseas investment.)
HONG KONG (Dow Jones)–China Life Insurance Co. (LFC), China’s largest life
insurer by premiums, said Tuesday it is looking into overseas investment
opportunities after cutting its stake in credit-card firm Visa [...]

China Life Insurance Jan-Jul Premium Income CNY203 Bln
Last Update: 8/13/2008 5:07:00 AM
HONG KONG (Dow Jones)–China Life Insurance Co. (LFC), China’s biggest life
insurer in terms of premiums, said Wednesday its premium income in the seven
months ended July 31 totaled CNY203 billion.
The company didn’t provide a comparison figure, but the amount represents a 54%
increase from the CNY131.9 [...]

UPDATE: China: Four Banks Apply To Take Stakes In Insurers
Last Update: 7/29/2008 3:02:51 AM
(Adds quotes from regulator, first-half data on insurance companies’
investments.)
BEIJING (Dow Jones)–China’s insurance regulator has received applications from
four banks to take stakes in insurance companies, an official at the regulator
said Tuesday.
Industrial & Commercial Bank of China Ltd. (1398.HK), China Construction Bank
Corp. (0939.HK), Bank [...]

China Life Insurance Co. Ltd. (LFC) (LFC: 45.10 -3.01%)
China Life Insurance Company Limited provides life insurance and annuity products to individuals and groups in China. Its products include whole life and term life insurance, endowment insurance, and annuities.
Focus Media Holding Ltd. (FMCN) (FMCN: 8.76 -2.56%)
Focus Media Holding Limited operates out-of-home advertising network using audiovisual digital [...]