China Life Insurance (LFC -2.3%) said last night 2012 profit likely declined 40% from a year...

|About: China Life Insurance Com... (LFC)|By:, SA News Editor

China Life Insurance (LFC -2.3%) said last night 2012 profit likely declined 40% from a year ago. The news was inline with market expectations and shares rose 2.4% in Shanghai. Nevertheless, the ADRs are trading lower.