Former China Life Insurance chairman expelled from Communist Party







FILE PHOTO: Security personnel stand guard at headquarters of the Central Commission for Discipline Inspection of the Communist Party of China in Beijing

Wang Bin, former chairman of China Life Insurance Co and former head of the Communist Party, was expelled from the party and removed from public office for corruption, China’s anti-corruption watchdog said Thursday.

Wang has been found to have accepted huge amounts of bribes and abused his power to obtain benefits for others, the Central Commission for Discipline Inspection said in a statement. statement posted on its website.

Marketzone with Reuters 2022

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Analyst Recommendations for CHINA LIFE INSURANCE COMPANY LIMITED

Financial data

2022 turnover 619 billion
89,789M
89,152M
2022 net result 43,442M
6,305M
6,260M
trso. net 2022 1,014 billion
147 billion
146 billion
PER 20226.35x
2022 return5.71%
Capitalization 713 billion
103 billion
103 billion
VE / CA 2022-0.49x
VE / CA 2023-0.65x
Number of employees103,262
Floating99.5%

Chart CHINA LIFE INSURANCE COMPANY LIMITED


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China Life Insurance Company Limited: Technical Analysis Chart China Life Insurance Company Limited |  Market area

Trends technical analysis CHINA LIFE INSURANCE COMPANY LIMITED

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Evolution of the Income Statement

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Average recommendationTO BUY
Number of Analysts25
Last Closing PriceCNY9.90
Average price targetCNY13.49
Deviation / Average Target36.2%

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