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

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

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.