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China Life Insurance (LFC) says a 30B yuan bond issue is just a beginning in its plan to...

  • Wednesday, August 24, 2011, 8:25 AM ET
    China Life Insurance (LFC) says a 30B yuan bond issue is just a beginning in its plan to recapitalize. The insurer has been hit with huge losses, prompting JPMorgan to downgrade to Underweight. Shares -6% premarket.
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