Chinese Financial Industry Regulator Approves China Life Insurance's 10-Year Bond Issue

MT Newswires Live

2024/09/18

China Life Insurance (HKG:2628, SHA:601628) obtained the National Financial Regulatory Administration's approval to issue the 10-year callable capital supplementary bonds in the National Interbank Bond Market with a maximum issuance size of 35 billion yuan, a Wednesday filing with the Hong Kong Exchange said.

The company had also previously received administrative approval from the People's Bank of China for the issue.

The company's shares closed nearly 2% higher on Tuesday.

Price (HKD): $11.60, Change: $+0.18, Percent Change: +1.58%

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