News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research> CICC: CHINA LIFE (02628.HK) 1Q26 NBV Far Exceeds Expectations; Maintains Outperform Rating
CICC said in a research report that CHINA LIFE (02628.HK) announced its results for 1Q26. During the period, net profit attributable to shareholders fell 32.3% YoY to RMB19.505 bil...
Reset
Send
The window will close in 5 seconds
<Research> CICC: CHINA LIFE (02628.HK) 1Q26 NBV Far Exceeds Expectations; Maintains Outperform Rating
Close
Recommend
20
Positive
19
Negative
16
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get Level 1 Real-Time Streaming!

CICC said in a research report that CHINA LIFE (02628.HK)  -0.620 (-2.027%)    Short selling $352.42M; Ratio 22.781%   announced its results for 1Q26. During the period, net profit attributable to shareholders fell 32.3% YoY to RMB19.505 billion, beating the brokers expectations, mainly due to investment performance exceeding CICCs forecasts. New business value (NBV) surged 75.5% YoY, significantly outperforming both CICC and market expectations. Net assets attributable to shareholders increased 0.5% compared with the beginning of the year.

CICC maintained its earnings forecasts for the company for this year and next unchanged, and reiterated the Outperform rating on CHINA LIFE (601628.SH)  -1.080 (-2.875%)   A shares and CHINA LIFE H shares. The broker kept its TP for the A shares at RMB60.3 and for the H shares at HKD44.5, corresponding to 1x and 0.7x 1Q26 P/EV, and 0.9x and 0.6x 2027 P/EV, respectively. This implies upside potential of 65% and 62% from the current share prices.

Related News Daiwa: 2026 Mainland Corporate Earnings Recovery May Accelerate but Not Broad-Based


HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-13 16:25
A Shares quote is delayed for at least 15 mins
Auto-translated by AI
View Original Text
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.