BRIEF-China Life Insurance To Invest In China Guangfa Bank's Share Issue

Reuters2021-05-26

May 26 (Reuters) - China Life Insurance Co Ltd

:

* SAYS IT PLANS TO BUY 1.98 BILLION SHARES IN CHINA GUANGFA BANK FOR UP TO 17.48 BILLION YUAN ($2.73 billion)

* SAYS ITS HOLDING IN CHINA GUANGFA BANK WILL REMAIN AS 43.69% AFTER THE TRANSACTION

* SAYS CHINA GUANGFA BANK AIMS TO RAISE UP TO 40 BILLION YUAN IN SHARE ISSUE

* SAYS IT WILL PAY 8.81 YUAN PER SHARE FOR CHINA GUANGFA BANK'S SHARE ISSUE

Source text in Chinese: Further company coverage:

($1 = 6.3951 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)

((meg.shen@thomsonreuters.com; 852-39525805;))

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白
发表看法