Ping An Insurance of China Acquires Additional 10.895 Million Shares of China Life Insurance at HK$33.26 Per Share
Stock News
Feb 04
According to the latest data from the Stock Exchange, on February 2, Ping An Insurance (Group) Company of China, Ltd. increased its stake in China Life Insurance (02628) by 10.895 million shares. The transaction was executed at a price of HK$33.2588 per share, amounting to a total consideration of approximately HK$362 million.
Following this acquisition, the company's total shareholding has risen to approximately 753 million shares, representing a latest ownership proportion of 10.12%.
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