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China Life to Leverage LT Capital Advantage of Insurance Funds to Actively Serve Stable & Healthy Development of Capital Mkt
Recommend 16 Positive 18 Negative 6 |
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China Life Insurance Group recently announced that the Party Committee of China Life Insurance Group held an expanded meeting to convey and study the spirit of the Central Economic Work Conference, implement the requirements of the National Financial System Work Conference, and research and deploy implementation work. The meeting stressed the need to leverage the long-term capital and patient capital advantages of insurance funds, optimize investment strategies and layouts, seize policy opportunities for matters such as the advancement of high-quality development of new key industrial chains and the optimization of increments, increase support for strategic emerging industries, advanced manufacturing, green industries, urban renewal and other key areas and projects, actively serving the stable and healthy development of the capital market. Chinese financials' A-shares ascended at noon, and related H-shares also inclined. CHINA LIFE (601628.SH)'s A-shares mounted nearly 3.7% to RMB46.84, while its H-shares advanced nearly 5% to $28.74. AASTOCKS Financial News Website: www.aastocks.com |
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