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Trades about 51% below its sector, cheaper than its peers on earnings.
New China Life Insurance Company Ltd., founded in 1996 and based in Beijing, China, provides a wide array of life insurance products and related services. These offerings are extended to both private citizens and institutional clients throughout the People's Republic of China. The company's operations are divided into three primary divisions: individual policy coverage, collective insurance for groups, and a segment for miscellaneous business activities. Beyond its core insurance business, the firm also delivers asset management, professional development, digital commerce platforms, and healthcare services. Furthermore, it actively invests in, develops, leases, and manages various real estate properties.
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