Ping An Life Insurance Increases Stake in China Life with HK$904 Million Purchase

Stock News
05/04

On April 28, Ping An Life Insurance Company of China, Ltd. purchased 34.412 million shares of China Life Insurance Company Limited (02628) at an average price of HK$26.2662 per share. The total transaction value amounted to approximately HK$904 million. Following this acquisition, Ping An Life's total holdings in China Life reached approximately 917 million shares, representing a 12.31% stake.

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