China Life Insurance 2007 profit nearly doubles
China Life Insurance Co <2628.hk>, China's largest life insurer, nearly doubled its profit in 2007, beating analysts' expectations on Tuesday on strong investment returns and sales of life insurance policies.
China Life <601628.ss>
A poll of 21 analysts forecast an annual profit of 37.4 billion yuan, with 14.1 billion yuan coming in the second half, according to Reuters Estimates.
($1=HK$7.8=7.0535 yuan)
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