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<Research>Citi: CHINA LIFE to Continue Shifting Toward Investments in Quality Stocks w/ High Div.
Recommend 17 Positive 33 Negative 15 |
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According to a report from Citi, CHINA LIFE (02628.HK) poured over RMB200 billion into high-dividend stocks in 1H25 with an average dividend yield of 5%. In the future, it will continue to shift towards high-quality stocks with high dividends, while maintaining strategic flexibility in adjustments. In addition, with CHINA LIFE's shift towards participating products, management revealed that the account size for these products has already reached around RMB2 trillion. Citi has given CHINA LIFE a Buy rating and a target price of HKD26.1. AAStocks Financial News |
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