News Snapshot:
Zacks Investment Research lowered shares of China Life Insurance (NYSE:LFC) from a buy rating to a hold rating in a report issued on Tuesday morning, Zacks.com reports. According to Zacks, “China Life Insurance Company Limited is the leading life insurance company in China’s life insurance market. The Company provides products and services including individual life insurance, group life insurance, accident and health insurance. The Company is China’s largest life insurance company, a leading provider of annuity products and life insurance for both individuals and groups, and a leading provider of accident and health insurance. Through its controlling shareholding in the...
