Ping An Asset Management Boosts Stake in China Life with Major Share Purchase

Stock News
05/26

According to the latest data from the Hong Kong Stock Exchange, on May 20, Ping An Asset Management Co., Ltd. increased its holdings in CHINA LIFE (02628) by 43.835 million shares. The shares were acquired at approximately HK$29.2486 each, involving a total consideration of about HK$1.282 billion. Following this transaction, Ping An Asset Management's total shareholding in CHINA LIFE has reached approximately 1.196 billion shares, representing a stake of 16.07%.

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