China life Aktie (358060)

China Life target upped to HK$33.90

http://www.dhsec.com/NewsDetail.asp?StoryID=e-20070123DN001555cos  

http://www.emfis.de/fileadmin/user_upload/...te/Asienausblick2007.pdf  

Stock Quote

China Life Insurance Company Limited 601628.SS (Shanghai)
Sector: Financial   Industry: Insurance (Life)  View 601628.SS on other exchanges
As of 1:30 PM EST
Y41.85CNY
Price Change
Down2.05
Percent Change
Down4.67%
See Risk Alerts for 601628.SS

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Previous Close Y43.90
Open Y43.00
Day High Y43.15
Day Low Y39.80
52-Week High Y49.50
52-Week Low Y37.00
Beta NM
Volume 27.6M
Avg Volume 40.8M
Mkt Cap. Y871.50B
Shares Out 20.8B
EPS (TTM) Y.29
Div & Yield 0.00 (0.00%)

1d   5d   3m   6m   1y   2y   5y   max
 

China Life Insurance Co Ltd (China) 2628.HK (Hong Kong)
Sector: Financial   Industry: Insurance (Life)  View 2628.HK on other exchanges
As of 12:29 PM EST
HK$23.40HKD
Price Change
Down0.45
Percent Change
Down1.89%
See Risk Alerts for 2628.HK

Previous Close HK$23.85
Open HK$23.80
Day High HK$24.00
Day Low HK$23.20
52-Week High HK$28.85
52-Week Low HK$7.60
Beta NM
Volume 66.2M
Avg Volume 136.9M
Mkt Cap. HK$174.10B
Shares Out 7.4B
EPS (TTM) HK$.66
Div & Yield 0.05 (0.20%)  

after hour Handel 46,65$ +0,02%  

US 46,6=3e  HK23,4=2,31e Ch41,85=4,155


   Overall§        Short Intermediate        Long
Bearish (-0.29) Neutral (-0.06) Bearish (-0.40) Bearish (-0.42)

Support/Resistance
      Type     Value     Conf.§
resist. 142.89 2
resist. 105.36 3
resist. 99.50 4
resist. 94.40 7
resist. 86.31 2
resist. 82.24 11
resist. 72.95 2
resist. 69.96 2
resist. 52.68 6
supp 46.44 8

Prognosen
     Datum§Prognose (EUR) Änderung (%)
24.Jan 23:59 35.36 Prognosezeit
25.Jan 17:30 35.67 +0.88
26.Jan 17:30 36.05 +1.95
29.Jan 17:30 36.43 +3.03
30.Jan 17:30 36.83 +4.16
31.Jan 17:30 37.22 +5.26

CHINA LIFE INSURANCE CO LTD ADS
Daily Commentary

Our system posted a WAIT today. The previous SELL recommendation was issued on 01.18.2007 (6) days ago, when the stock price was 48.5100. Since then LFC has fallen -3.85% .

Our WAIT tag says all that is to say. Stay at cash or check the other stocks while waiting the next signal. Do not bother with buying or short selling this stock as long as the WAIT tag stays.

WAIT
          
46.640§
-0.0600 -0.13%
Candlestick Analysis
Today’s Candlestick Patterns:
White Closing Marubozu
                    §
Candlestick Pattern

Today a White Closing Marubozu was formed. This shows that the day opened and then prices went lower slightly, however it was followed by a rally that drove the prices over the opening price and the rally continued all day ending with a closing price equal to the high of the day.  

DJ MARKET TALK: China Life Off 2.4%; $21 Support Key -Charts Jan 26, 2007 12:45


1225 [Dow Jones] China Life (2628.HK [News / Quote]) falls 2.4% to HK$22.55, with very heavy 80.6 million shares traded; stock now down 21.8% from record high of HK$28.85 set this month; key question is whether great run which saw stock roughly quadruple in about 12 months is over. Answer likely found when it tests key support at HK$21, uptrend line since June last year. If stock briefly falls below HK$21 then comes back to hold level, would suggest false downside break, generating short-term buy signal; would also suggest stock back in long-term uptrend channel with HK$25 as upside target. But convincing break below HK$21, would suggest stock could fall to as low as HK$14, underlying support dating from May 2006 which joins up 2 peaks, 1 trough.(JOG,JZW) Contact us in Hong Kong. 852 2802 7002; MarketTalk@dowjones.com  

2628 CHINA LIFE 22.6 0.55 2.38 1,989,577 88,419

No 1 t/o No 8 Vol



Delayed Quotes 26 Jan 2007 12:30 HKT

       Stock Code:        Stock Code Search

2628 - CHINA LIFE
Last : $22.600
Prev. Close as at 25 Jan 2007: $23.150
Close as at 26 Jan 2007: -
High: $22.750
Low: $22.250
Change : -$0.550
% Change: -2.376%
Volume: 88,419K
Turnover: 2B
Spread: $0.05
Lot Size: 1000
Currency: HKD

China Life may fall further as its A shares still at high premium vs its H shares. Shenzhen Index down 2.5% at 658.66. (SHY)
 

LFC
CHINA LIFE INSURANCE CO LTD ADS

Daily Commentary
Our system posted a WAIT today. The previous SELL recommendation was issued on 01.18.2007 (7) days ago, when the stock price was 48.5100. Since then LFC has fallen -10.29% .
Our WAIT tag says all that is to say. Stay at cash or check the other stocks while waiting the next signal. Do not bother with buying or short selling this stock as long as the WAIT tag stays.
43.52   Open:   44.98     Mkt Cap:   82.01B     P/E:   66.95
  High:   45.00     52Wk High:   57.85     F P/E:   37.31
-3.12 (-6.69%)   Low:   43.34   52Wk Low:   14.70   Beta:   1.31
Jan 25, 4:02PM ET   Vol:   3.33M     Avg Vol:   2.17M     EPS:   0.65
Compare Settings After Hours: 43.60 +0.08 (0.18%) Jan 25, 7:58PM ET



WAIT
43.520
-3.1200 -6.69%
Candlestick Analysis
Today’s Candlestick Patterns:
Black Candlestick
                    §
Candlestick Pattern
Today a Black Candlestick was formed. This represents normal selling pressure.



Info reuters
BEIJING, Jan 26 (Reuters) - In a last-minute change of plan, China Life Insurance Co. chairman Yang Chao has turned down the top job at PICC Property & Casualty , the country's largest non-life insurer, industry sources said on Friday.

They said Wu Yan, president of China Life (601628.SS: Quote, Profile , Research) (LFC.N: Quote, Profile , Research) (2628.HK: Quote, Profile , Research), China's biggest life insurer, would become chairman of PICC instead. He replaces Tang Yunxiang.

Industry officials said on Tuesday that China's insurance regulator had nominated the experienced Yang to take the helm at PICC as part of a government-led restructuring aimed at improving PICC's performance.

But the sources said Yang resisted the move and successfully lobbied to stay at China Life, which he steered to an initial public listing in Shanghai this month that raised $3.6 billion.


Before the about-turn that takes him to PICC, Wu had been earmarked for promotion as Yang's replacement at China Life.

The deputy chairman of the China Insurance Regulatory Commission (CIRC), Zhou Yanli, announced the final shape of the reshuffle at a meeting of China Life managers on Friday morning, the sources said.

The CIRC declined to comment. China Life and PICC could not be reached for commen  

DJ MARKET TALK: Short Sales +68%;China Plays Heavily Shorted Jan 26, 2007 14:24


1419 [Dow Jones] Short-selling volume +68% at HK$2.005 billion midday amid HSI's 417-point fall. Amount evenly distributed: China Mobile (0941.HK [News / Quote]) has HK$280.7 million, followed by China Life (2628.HK [News / Quote]) with HK$225.8 million, ICBC (1398.HK [News / Quote]) with HK$171.8 million. Bank of China (3988.HK [News / Quote]), A50 China Tracker (2823.HK [News / Quote]) take remaining top 5 spots, with HK$164.9 million, HK$119.8 million respectively.(RLI) Contact us in Hong Kong. 852 2802 7002; MarketTalk@dowjones.com  

LFC - CHINA LIFE INS CO (NYSE)
      Date      Open      High       Low      Last    Change    Volume§% Change
  01/25/07     44.98     45.00     43.34     43.52     -3.12   3326900-6.69%
§
Composite Indicator -- Signal -- -- Strength -- -- Direction --
Trend Spotter (TM)   Sell             Maximum    Strongest

Short Term Indicators
7 Day Average Directional Indicator Sell Weak Strongest
10 - 8 Day Moving Average Hilo Channel Sell Weak Weakening
20 Day Moving Average vs Price Sell Average Strongest
20 - 50 Day MACD Oscillator Buy Minimum Weakest
20 Day Bollinger Bands Hold Bearish

Short Term Indicators Average: 40% - Sell

Medium Term Indicators
40 Day Commodity Channel Index Hold Bearish
50 Day Moving Average vs Price Sell Weak Strongest
20 - 100 Day MACD Oscillator Buy Average Weakest
50 Day Parabolic Time/Price Sell Average Strongest

Medium Term Indicators Average: 25% - Sell

Long Term Indicators
60 Day Commodity Channel Index Hold Bearish
100 Day Moving Average vs Price Sell Minimum Strongest
50 - 100 Day MACD Oscillator Buy Maximum Weakest

Long Term Indicators Average:  - Hold

Overall Average:  32% - Sell  

HK finish

No 1 t/o No 1é Vol

2628 CHINA LIFE 23.4 0.25 1.08 3,946,893 172,170
China Life war eine der wenigen Grossen, die im + endeten.
Ansonsten wurden die meisten grossen "Abverkauft" (s Versicherungen, Banken, Telephon) nach dem die Aktien generell overbought waren und die Gelder flossen in US Aktien bzw in US $.
Man geht von einer neuerlmichen Aufbewegung nachste Woche, speziell im Bankengeschäft aus (IPO Com Bank).

viel Glück  

2628 CHINA LIFE 23.5 0.1 0.43 989,437 41,982  

HONG KONG, Jan 29 (Reuters) - Hong Kong blue chips shed 0.3 percent and China plays fell 0.1 percent on Monday as mainland lenders extended their decline on worries that China would soon raise interest rates to cool its economy.

The benchmark Hang Seng Index <.HSI> had fallen 61.58 points to 20,219.55 by midsession, erasing opening gains, with analysts saying Tuesday's expiry of the index futures led to a somewhat volatile session.


"The market has been overbought, and it still needs more correction, but I don't think the momentum has changed," said Kingston Lin, associate director at Prudential Brokerage.

The market should consolidate at around 20,190 points, or its 20-day moving average, Lin said.

Turnover was HK$21.1 billion (US$2.7 billion), down from Friday morning's HK$36.1 billion.

China Construction Bank (0939.HK: Quote, Profile , Research) led the decline among mainland banks, dropping 1.3 percent to HK$4.64. China Merchants Bank (3968.HK: Quote, Profile , Research) slipped 0.5 percent to HK$17.12.

..;http://today.reuters.com/news/...MARKETS-HONGKONG-STOCKS-UPDATE-2.XML  

Jim Trippon, Redakteur vom US-Börsenbrief "The China Stock Digest" empfiehlt China Life Insurance als konservativen Tipp 2007. Der Experte, der, mit einem eigenen Büro in China sehr nah am Marktgeschehen ist, erwartet trotz der guten Performance 2006 auch in diesem Jahr noch weitere Kurssteigerungen bei China Life.

China Life Insurance ist das größte Versicherungsunternehmen Chinas mit mehr als 48 Millionen Policen, die von 640.000 Agenten in mehr als 9.300 Büros landesweit verwaltet werden. Wir wurden auf China Life erstmals im Dezember 2005 aufmerksam. Damals gab es die Ankündigung, dass es mit der staatlichen China Insurance REgulatory Commission Fortschritte in Bezug auf ein Pensionsgeschäft gegeben hatte. Zusätzlich kündigte China Life an, im schnell wachsenden Segment der Betriebsrente aktiv zu werden.

Dieser Bereich wird immer wichtiger in einem Land, in dem man sich kaum auf das staatliche Rentensystem verlassen kann. Mit der großen Menge an eigenen Vertretern sollte es China Life gelingen, sich gut im aufstrebenden Pensionsmarkt zu positionieren.  

No1 t/o
2628 CHINA LIFE 23.1 0.6 2.67 1,224,825 53,157  

 

 

Ende nächster Woche kann man es wohl etwas besser beurteilen.  

ICBC and China Life Will Join Hang Seng Index (Update1)

By Hanny Wan

Feb. 9 (Bloomberg) -- Industrial & Commercial Bank of China Ltd. and China Life Insurance Co. will join Hong Kong's Hang Seng Index following a quarterly review of the stock benchmark.

The number of constituents on the Hang Seng Index will rise to 38 from 36, HSI Services Ltd. said in a statement after the market closed today. No deletions were announced. Membership will gradually be expanded to 50, the statement said. The changes will take effect after market closes on March 9, it said.

The adjustments to the index will prompt funds that mirror the benchmark, such as the HK$26.56 billion ($3.39 billion) Tracker Fund of Hong Kong, to adjust their holdings. ICBC and China Life had been tipped for inclusion by brokerages including Macquarie and Nomura Holdings Inc. and their shares surged 3.5 percent and 6.2 percent respectively this week.

``Those are hot picks,'' said Tacky Cheng, a Hong Kong-based analyst at Macquarie Bank Ltd. who correctly predicted the two changes. ``The additions reflect the increasing importance of Chinese companies in Hong Kong, and the trend that there'll likely be more of these companies listed here.''

Shares of companies incorporated on the mainland, called H shares, have been eligible for inclusion in the benchmark since the August quarterly review to reflect their growing importance in the local market. China Construction Bank Corp., Bank of China Ltd. and China Petroleum & Chemical Corp. were previously added.

Weighting Cap

The representation any one company in the Hang Seng Index will be capped at 20 percent, down from 25 percent, the statement said. The weighting of HSBC will be cut to that level from 22 percent, and that of China Mobile Ltd. will be reduced to 16 percent from 21 percent, it said.

China Life will make up 3.5 percent of the benchmark, and ICBC will account for 3.1 percent, the statement said.

HSI Services, which compiles Hong Kong's stock indexes, determines constituents based on criteria such as market capitalization and trading volume.

The 50 stocks that will eventually be included in the index will comprise 70 percent of total market value, HSI Services General Manager Vincent Kwan, said at a media briefing in Hong Kong today.

Shares of ICBC, China's largest lender, soared 52 percent since they were sold in an initial public offering and started trading on Oct. 27. It has a market value of HK$1.6 trillion, second only to HSBC Holdings Plc among non-U.S. banks.

Stock in China Life, the country's biggest insurer, has almost tripled in the past year. The company is valued at HK$935.86 billion, making it the world's second-biggest insurer by market value, after American International Group.

HSI Services also announced that ICBC, China Communications Services Corp., China Communications Construction Co., China Coal Energy Co., and China Merchants Bank Co. will be added to the Hang Seng China Enterprises Index, expanding its membership to 41 from 37.

To contact the reporter on this story: Hanny Wan in Hong Kong at hwan3@bloomberg.net  

China Life wird künftig mit 3,47 % im Hang Seng Index gewichtet sein. Damit dürfte auch die kurzfristige Konsolidierung beendet sein und es dürfte sich weiteres Aufwärtspotential ergeben.

By Rita Chang and Ruth Wong
HONG KONG, Feb 9 (Reuters) - Industrial & Commercial Bank of China (1398.HK: Quote, Profile , Research) and China Life Insurance Co. Ltd. (2628.HK: Quote, Profile , Research) will join Hong Kong's benchmark stock index, underscoring the growing influence of mainland Chinese firm on Asia's second-largest exchange.
China's largest lender and its biggest insurer will join the index's other Hong Kong-listed, mainland incorporated firms, or H-shares, on March 12 in a widely expected emove.
But in a surprise move to make room for an ever-expanding list of such firms on the exchange, the index's overseers said on Friday it would gradually raise the number of Hang Seng index <.HSI> components to 50 over time.
HSI Services Ltd. also said it would abolish a cap on H-share firms in the index, now set at five.
Hong Kong in past years has evolved into the favourite capital-raising venue for Chinese firms seeking cash to expand or hoping to build a presence on an international market.
"That was a duct tape solution," said Kent Yau, deputy research director at Core Pacific Yamaichi International (HK).
"Going forward, we should not have quotas for H shares because they're getting more popular and heavily weighted in the market."
The revision would bring the weighting of China plays, which accounted for about 60 percent of the market's total volume at the end of January, to about 33 percent.
"Our objective is to let the Hang Seng index be market representative. If the number of H shares increases, they should get a bigger representation in the index," said Vincent Kwan, general manager of HSI Services.
The addition of ICBC and China Life brings the number of Hang Seng index constituents to 38 as they join their H-share peers Sinopec Corp. (0386.HK: Quote, Profile , Research) (SNP.N: Quote, Profile , Research) (600028.SS: Quote, Profile , Research), China Construction Bank Corp. (0939.HK: Quote, Profile , Research) and Bank of China Ltd. (3988.HK: Quote, Profile , Research)(601988.SS: Quote, Profile , Research).
Assuming a passive HSI-tracker fund size, as estimated by BNP, of about HK$45.6 billion (US$5.8 billion), passive buying would translate to about an estimated HK$2.8 billion for ICBC and HK$1.7 billion for China Life.
SHARE OVERHANG
HSI Services warned that any constituent with low liquidity and turnover would be dropped, but did not name any to which this applies.
H-share companies such as PetroChina (0857.HK: Quote, Profile , Research) (PTR.N: Quote, Profile , Research) and Bank of Communications (3328.HK: Quote, Profile , Research) have been precluded from entering the blue-chip gauge due to an overhang of unlisted share capital.
But there are now 34 H-share companies that have completed share reforms by way of listing government-owned stock on the domestic A-share market and more are on the way.
Of those 34, three were already in the index. With ICBC and China Life due to join in March, 29 more H-share firms would be eligible.
HSI Services also revised the China Enterprises index of H shares <.HSCE> to include China Communications Services Corp. Ltd. (0552.HK: Quote, Profile , Research), ICBC (1398.HK: Quote, Profile , Research), China Communications Construction Co. Ltd. (1800.HK: Quote, Profile , Research), China Coal Energy Co. Ltd. (1898.HK: Quote, Profile , Research) and China Merchants Bank (3968.HK: Quote, Profile , Research) (600036.SS: Quote, Profile , Research).
Huadian Power (1071.HK: Quote, Profile , Research) was removed from the H-share index.
This brings the number of firms in the H-share index to 41, up from 37.
The addition of ICBC and China Life on March 12 will coincide with the implementation of the second phase of HSI Services' landmark index reform announced last year.
During this period, individual stock weightings will be cut to 20 percent from 25 percent, a rule that only affects heavyweight HSBC Holdings Plc. (0005.HK: Quote, Profile , Research) (HSBA.L: Quote, Profile , Research).
A free-float-adjusted factor will also be applied to existing constituents, which calls for China Mobile Ltd.'s (0941.HK: Quote, Profile , Research) (CHL.N: Quote, Profile , Research) weighting to drop to about 16 percent from about 21 percent.
If the changes were to have taken effect on Feb. 7, ICBC would command a weighting of 3.06 percent and China Life a 3.47 percent weighting in the Hang Seng index.


 

Schaue mir die Entwicklung nun mal von der Seitenlinie an.  

 

Bin gestern auch raus uns beobachte, hätte nicht mit 10% heute gerechnet.
Denke mal das die zahlen im April nicht so der Hit werden, und dann könnte es noch mal richtig bergab gehen.
Hoffe der Zug rollt nicht ohne mich weiter  

H shares on rise with China Life, ICBC -

Winnie Pang

Monday, March 12, 2007

From today, China Life (2628) and Industrial and Commercial Bank of China (1398) are active members of the Hang Seng Index.

This brings to five the number of H shares in the enlarged blue-chip list of 38, and reflects the rising importance of mainland shares in the local stock exchange.

The addition of the two mainland financial stocks, announced February 9 after the quarterly review of the benchmark index, took effect after the market closed Friday.

The five H shares make up 13.77 percent of HSI's weighting, compared to the 5.17 percent weighting the three H shares were assigned before the latest reshuffle.

China Life has a weighting of 3.42 percent, while ICBC's is 3.12 percent.

The weightings of the other three H shares - China Construction Bank (0939), Bank of China (3988) and Sinopec (0386) - were raised because of a change in the method of calculating weightings.

Index compiler, HSI Services, announced June 30 that it will switch to a free-float adjusted market capitalization-weighted formula with a 25 percent cap on stock weightings, from the full market capitalization-weighted method.

The changeover from the old formula, which had been in use for 37 years, will help pave the way for the process of including more H shares in the blue-chip index.

The new method will have three phases.

The second phase took effect after the market closed Friday, coinciding with the inclusion of the two new H shares.

Given that the share prices of the two stocks have risen in the past few days - reflecting buying sentiment after the change in the index - analysts believe the impact of the addition may have already been factored into the prices.

Nomura International (HK) analyst Sandy Lee estimated that there was a trading impact of 0.5 days and 0.8 days for China Life and ICBC respectively.

But other analysts believe the share prices of China Life and ICBC can rise further because of expected solid earnings from mainland banks following a strong earnings report from Bank of Communications (3328).

"The focus on the mainland financials will shift from their new blue- chip status to their fundamentals," said Kenny Tang Sing-hing, associate director at Tung Tai Securities.

"The mainland financials had dropped 20 percent from their record highs. But some of them have returned to levels of fair valuation."

Tang said that after BOC reported solid earnings Thursday, many investment banks upgraded their ratings and target prices for the stocks.

The positive outlook should help improve sentiment for other mainland financial stocks.

Tang's picks include China Life, ICBC and China Construction Bank.

He said that China Life and ICBC may shed a little of their recent gains, which should offering good buying opportunities.