Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

China Life warns about 2009 profits

by Tony Sagami on January 21, 2009

China Life (LFC: 44.11 -0.90 -2.00%) warned that its 2009 profits would fall by more than 50%. The problem? A declining value of its investment portfolio, slower sales, and higher-than-expected claims from the Sichuan earthquake.

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China Life warns about 2009 profits

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