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China Finance Centre Ups SAQ Rating of China Life Insurance Company...
China Finance Centre Ups SAQ Rating of China Life Insurance Company (NYSE:LFC) to 6.8
Recent performance of CHINA LIFE INS CO (NYSE:LFC) provides basis for CFC’s China Business Watch to increase stock’s ranking to 6.8, highest current SAQ Rating
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) August 30, 2007 --
CHINA FINANCE CENTRE, the New York based multimedia and trade exposition center expanding business ties between China and the United States, has announced that it has increased its SAQ Ratings of CHINA LIFE INS CO (NYSE:LFC) to 6.8, one of the highest current ratings in the survey. The SAQ Ratings are set by editors of China Business Watch, the CFC publication that rates the performance of China based companies. An SAQ Rating of 6.0 or higher identifies s stock as a leading performer among companies located or with significant operations in China.
China Life Insurance Company, founded in 1949, provides annuity products and life insurance to individuals and groups in China. The company has announced its first-half earnings jumped 160 percent on surging investment income and premium growth. China Life's gross investment yield in the first half rose sharply to 5.19 percent from 3.29 percent a year earlier. The company also has said non-insurance businesses such as banking, fund management and securities will be increasingly important over the next few years.
The Statistical Analysis Quotient Rating (SAQ) Service is an exclusive feature of China Finance Centre that monitors the performance of over 300 stocks of companies with operations in China. The SAQ Report tracks and rates the stocks against a matrix of comparative performance factors, including fundamentals, technical analysis, liquidity, safety, regulatory compliance and timely filings, shareholder relations, and U.S. Trading Market Qualifications. The SAQ rates company performance on a 1-10 scale. SAQ Ratings are published weekly in China Business Watch and updated daily in CBW Daily Ratings Alert service. The ratings and publications can be found at the CFC Web Portal- www.chinafc.net
About CHINA FINANCE CENTRE (CFC)
CHINA FINANCE CENTRE (CFC) is a first of its kind, permanent conference/trade exposition facility, specifically designed to assist, increase and expand investment and business opportunities between China and the U.S. CFC has been developed as a world class, state of the art China Business Exposition- Conference Center and information resource using operations centers both on Wall Street and in mid-town at Rockefeller Center in New York City.
WJ Hallenbeck
President
China Finance Centre
515Madison Ave
New York, NY 10022
Tel 9145880216
Fax 8019269269
eMail: wjhalle@attg.net
Web : www.chinafc.net
CFC china China Finance Cent China Life Insurance LFC market NYSE stock us www.chinafc.net

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