Company Overview and News
China Life Insurance Co. Ltd (LFC - Free Report) continues to benefit from revenue growth backed by surging level of premiums, especially in its Life Insurance business. (20-0)
When investors hear that one of the world’s top credit ratings agencies has issued a sovereign downgrade of one of the world’s biggest nations, it tends to bring more than just some attention. On Thursday, Standard & Poor’s issued a sovereign credit rating downgrade for China. The issues behind the downgrade may look harsh or sound as though they are a large concern. There may be a problem with assuming the worst — China is similar to the United States in that the nation has endless means to meet its obligations, and the phrase “we have seen this movie before” should come to mind. (147-0)
My Ian's Million Fund, IMF, is a quasi-index fund where I have two main goals. One, beat the S&P 500 over time with my own diversified basket of stocks, while avoiding any ongoing management fees. Two, build a model that my non-investment professional friends can copy. If I didn't have other investments and had $1,000/month to invest, what retirement portfolio would I build to ensure I ended up with a strong solid nest egg? The IMF answers that question.
The biggest economic and financial market story for Wednesday should be that Moody’s has formally downgraded China’s credit rating. Although this downgrade may sound harsh, the new “stable” outlook seems to mean that the balance of risk and upside are now adequately reflected in the larger global macroeconomic picture. Perhaps the biggest news should really be why Chinese and other markets did not have severe reactions to the downgrade.
China Life Insurance Company Ltd. (LFC - Free Report) shares have gained 24% outperforming the Zacks categorized Life Insurance industry’s gain of only 14%. The price appreciation has likely been driven by the company’s robust market position and organic growth initiatives that continued to solidify shareholders’ confidence on the stock. We expect the stock to retain its momentum owing to a number of positives.
Stocks were putting in a second day of big gains, but rather than being a French cheer it was due to multiple Dow components posting strong earnings. Even though this bull market is now more than eight years old, investors have found reason after reason to step in and buy the market sell-offs. Investors are also still looking for new trading and investing ideas.
Today's Research Daily features new research reports on 17 major stocks, including Cisco (CSCO), Philip Morris (PM), McDonald's (MCD) and General Dynamics (GD).
China Life Insurance Company Ltd’s (LFC - Free Report) robust market position and organic growth initiatives continue to impress. The company’s operational efficiency, which is reflected by its product upgrades and premium growth over the last few years, has solidified shareholders’ confidence eon the stock. In fact, China Life shares outperformed the Zacks categorized Life Insurance industryin the last one year.
What can we learn from Apple's $ 1 billion VC investment in Chinese ride-hailing service Didi Chuxing?
My Ian's Million Fund, "IMF," is a quasi-index fund where I have two main goals. One, beat the S&P 500 over time with my own diversified basket of stocks, while avoiding any ongoing management fees. Two, build a model that my non-investment professional friends can copy. If I didn't have other investments and had $1,000/month to invest, what retirement portfolio would I build to ensure I ended up with a strong solid nest egg? The "IMF" answers that question.
Beijing's recent decision to crack down on activities of Chinese insurance companies could push insurers toward riskier asset investments and create a liquidity crunch within the industry.
On Dec 29, we issued an updated research report on China Life Insurance Co. Ltd. (LFC - Free Report) .
China’s life insurance market is growing at a strong clip due to the continued expansion of its middle class, which has naturally augmented demand for insurance products.
On Nov 23, we issued an updated research report on China Life Insurance Co. Ltd. (LFC - Free Report) .
Bottom line: China Life's $2 billion investment in a US hotel portfolio could mark the height of a bubble of Chinese offshore hotel buying, and high asset values could start to deflate by the end of next year.
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton