China Life targets high-yield stocks after slump in profit

Feb 24, 2019

The largest insurer in China plans to invest more in high-yield stocks after investment returns dragged profit last year. It also outlined new ambitions after its management shakeup.

China Life targets high-yield stocks after slump in profit

China Life plans to revamp its stock portfolio to focus more on investments in high-yield stocks after its equity volatility caused its net earnings to plunge in 2018.

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