|Bid||14.93 x 6900|
|Ask||14.94 x 5100|
|Day's Range||14.87 - 15.12|
|52 Week Range||12.16 - 16.61|
|PE Ratio (TTM)||27.43|
|Dividend & Yield||0.17 (1.13%)|
|1y Target Est||N/A|
China's latest push to revive its bloated state-owned sector is set to pick up pace this year, with bankers and investors expecting possible spin-offs and asset sales to follow a key Communist Party Congress in October. Beijing would likely lean on cash-rich SOEs like China Life Insurance and Citic Group Corporation to bail out the largest of the struggling companies, the people said. A limited role for private capital would raise questions about the depth of any overhaul of the SOEs.
Baidu (BIDU) and China Life Insurance Group have created a $1.0 billion (or 7.0 billion yuan) investment fund called the Baidu Fund Partnership.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to China Life Insurance Co. Ltd. Here are 5 ETFs with the largest exposure to LFC-US. Comparing the performance and risk of China Life Insurance Co. Ltd. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns ... Read more (Read more...)