Top 10 China Stocks To Own For 2015

Top 10 China Stocks To Own For 2015: China Life Insurance Company Limited(LFC)

China Life Insurance Company Limited provides life, annuities, accident, and health insurance products in China. Its individual life insurance and annuity products consist of whole life and term life insurance, endowment insurance, and annuities. The company also engages in the writing of life insurance business. In addition, it offers group life insurance products, including group annuity products, and group whole life and term life insurance products to enterprises and institutions, as well as universal life products. Further, the company provides short-term insurance products comprising short-term accident insurance and short-term health insurance products; accident insurance products, such as individual accident insurance and group accident insurance; and health insurance products, including defined health benefit plans, medical expense reimbursement plans, and disease specific plans. It distributes its products through its direct sales representatives and exclusive ag ents, as well as through intermediaries comprising insurance agencies and insurance brokerage companies, non-dedicated agencies, bancassurance arrangements, travel agencies, and hotels and airline sales counters. The company was founded in 1949 and is based in Beijing, China. China Life Insurance Company Limited is a subsidiary of China Life Insurance (Group) Company.

Advisors' Opinion:

• [By Rich Smith]

  China Life Insurance Company (NYSE: LFC  ) has a new chief financial officer, announcing yesterday that on March 27, its board of directors picked Yang Zheng to serve as its new CFO. His appointment became effective April 26.

• [By Jim Jubak]

  That 40% gain in net income is likely to be among the lower increases reported by Chinas insurance companies in the next few weeks. The average growth in net income among insurers expected by analysts is 92%. I think that makes it worthwh! ile holding the best of these insurerssuch as Ping An and China Life (LFC), a member of my Jubaks Picks portfolio, for these earnings reports, even though the systemic stressand thus riskin Chinas financial system is rising.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-10-china-stocks-to-own-for-2015.html