Ping An Life Insurance Boosts Stake in China Life with 10.16 Million Share Purchase

Stock News
05/29

According to the latest data from the Hong Kong Stock Exchange, on May 26, Ping An Life Insurance Company of China, Ltd. increased its holdings in China Life (02628) by 10.161 million shares, at a price of HK$29.4817 per share, with a total transaction value of approximately HK$300 million. Following this acquisition, the company's total shareholding in China Life has risen to about 1.192 billion shares, representing a stake of 16.02%.

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