China Life Commits RMB4 Billion to New Connected Investment Partnership
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China Life Insurance Co (HK:2628) has announced a commitment of RMB4 billion as a limited partner in a new RMB5.0515 billion investment partnership with Pudong Venture Capital and others. This transaction is classified as a connected transaction under Hong Kong listing rules and does not require independent shareholder approval. The partnership agreements are expected to be executed by June 30, 2026. Analysts rate the stock as a Buy with a price target of HK$39.00.
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