Readers: 82 | Updated: 03-07

China Life Insurance (SSE:601628) Wants to Invest in PE Firms

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China's largest life insurer China Life Insurance Co., Ltd. (NYSE: LFC, SEHK: 2628, and SSE: 601628) hopes to gain regulatory approval for the investment into the domestic private equity firms.
The life insurer has submitted the application to the Chinese regulators. Its archrival The People's Insurance Company (Gr...


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