The China Life Insurance Company Limited SEHK: 2628, NYSE: LFC, 601628.SH) (short China Life, Hanyu Pinyin: ZhongGuo RenShou BaoXian) is a Beijing-based China-incorporated company that provides life insurance and annuity products. It became a public-listed company on December 18, 2003, with a market capitalization of USD$5,756 million as of August 31, 2005. ¥832.5Billion was frozen during the IPO. The domestic listing, the first by an insurer in China, drew bids for about 49 times the stock on offer. The gains allow China Life to pass ING Groep NV, Allianz SE and Axa to become the world's no. 2 insurer with a market value of $129 billion, behind American International Group's $186 billion. China Life is also listed in China since Jan of 2007. Other Hong Kong topics Culture - Education Geography - History - Politics Hong Kong Portal The Hong Kong Stock Exchange (Traditional Chinese: , also 港交所; abbreviated as HKEX ; SEHK: 0388) is the stock exchange of Hong Kong. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Beijing (Chinese: 北京; pinyin: BÄ›ijÄ«ng; IPA: ;  ), a metropolis in northern China, is the capital of the Peoples Republic of China (PRC). ... Life insurance or life assurance is a contract between the policy owner and the insurer, where the insurer agrees to pay a sum of money upon the occurrence of the insureds death. ... Annuity contracts are offered by organizations and individuals that may accumulate value and take a current value and pay it out over a period of years. ... A public company usually refers to a company which is permitted to offer its securities (stock, bonds, etc. ... In the Gregorian calendar, December 18 is the 352nd day of the year (353rd in leap years), with 13 days remaining until the end of the year. ... 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... Market capitalization, often abbreviated to market cap, is a measurement of corporate size that refers to the current stock price times the number of outstanding shares. ... August 31 is the 243rd day of the year (244th in leap years) in the Gregorian calendar. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... American International Group, Inc. ...

External link

• e-chinalife.com