Tiger Brokers

BUZZ-China Life HK stock rises most in 5 months on robust earnings outlook

Reuters
Oct 20
BUZZ-China Life HK stock rises most in 5 months on robust earnings outlook

** Hong Kong shares of China Life Insurance 2628.HK surge 6.3% to HK$24.40, set for its biggest one-day pct gain since May 14

** Third-biggest pct gainer on Hang Seng Finance Index .HSNF, which is up 1.7%

** Shanghai-listed stock 601628.SS rises 6.2% to 43.35 yuan, the highest since Aug 29

** China Life Insurance expects its 9-month net profit up about 50%-70% y/y

** YTD, Hong Kong stock up 59.5%, Shanghai-listed shares up 1.2%, HSI up 28.7%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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