China Life shares set to soar up to 73% on debut
(Shanghai Daily)
Updated: 2007-01-08 10:53 Shares of China Life Insurance Co are expected to
soar up to 73 percent on their Chinese mainland trading debut tomorrow, analysts
said.
The shares of the mainland's biggest life insurer are likely to trade between
28.69 yuan (US$3.66) and 32.69 yuan each, said Wu Yonggang, an analyst at Guotai
Jun'an Securities.
|
Workers are repairing
China Life's brand label. Shares of China Life Insurance Co are expected
to soar up to 73 percent on their Chinese mainland trading debut tomorrow
and the shares of the mainland's biggest life insurer are likely to
trade between 28.69 yuan (US$3.66) and 32.69 yuan each analysts said.
[newsphoto]
|
His view is echoed by Erwin Sanft, head of China Research of BNP Paribas
Securities (Asia), who said the shares are likely to jump more than 30 yuan
each.
| 1 | 2 |  |
|
| Most Commented/Read Stories in 48 Hours |
|
|
|