China Life Insurance Co (HK:2628) has released an update.
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China Life Insurance Co. anticipates a remarkable surge in net profit for the first three quarters of 2024, estimating an increase of around 165% to 185% from the previous year. This financial boost is attributed to strategic asset allocation and a significant rebound in the stock market during the third quarter. Investors are advised to consider these preliminary yet unaudited financial estimates when evaluating the company’s stock performance.
For further insights into HK:2628 stock, check out TipRanks’ Stock Analysis page.
