China Life Insurance (02628) continued its morning gain in the afternoon, up 3.82% as of press time, with a trading volume of 0.161 billion Hong Kong dollars and a price of 10.86 Hong Kong dollars.
China Life Insurance Group's asset company announced at the work conference in the first half of 2024 that the total scale of assets under management in the first half of the year exceeded 5.77 trillion yuan, a year-on-year increase of 7.55%.
Yu Yong, Vice President of China Life Insurance Assets, stated that the company's third-party business under management has exceeded 800 billion yuan, an increase of 12.2% from the beginning of the year. The growth rate of investment in serving the real economy reached 4.7%, reaching 3.5 trillion yuan. In the 2024 IPE Global Asset Management Institution Ranking, it ranked 32nd globally and continued to top the China list.