$37.74 -1.04(-2.7%)
Mon Dec 1 13:57:00 EST

China Life Insurance Company Limited (NYSE : LFC)

Forecasts

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Target » 55.00 3.9% Jan 5
Final » 48.36 8.6% Ended

China Life A-share IPO in Shanghai is listing next Tuesday, for a record of 28.32 billion Chinese yuan (US$3.6 billion).  This was 90x over-subscribed, and the second largest IPO in Chinese history.On Dec. 29 the company issued a stock split amid the Chinese regulatory approvals on their IPO.  Shares prices jumped about 10%, and management most likely expects another hike.

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Target » 65.00 3.0% Jul 18
Final » 64.01 1.4% Ended

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