China Life Insurance Elects Li Wei as Employee Representative Director to Eighth Board

China Life Insurance Co ( (HK:2628) ) just unveiled an update.

China Life Insurance Company Limited has announced the election of Li Wei as an employee representative director to the company’s eighth board, following his selection at the fourth session of the employee representative meeting, with his appointment pending approval by the National Financial Regulatory Administration. Li, currently general manager of the Labour Union Work Department, brings extensive operational and overseas experience from roles spanning customer service, bancassurance, e-commerce, strategic marketing, and management positions at China Life Insurance (Overseas) and PT China Life Insurance Indonesia, and will receive remuneration according to his management role rather than a director’s fee, signaling the insurer’s continued emphasis on internally developed leadership and regulatory-compliant governance structures.

The most recent analyst rating on (HK:2628) stock is a Buy with a HK$32.00 price target. To see the full list of analyst forecasts on China Life Insurance Co stock, see the HK:2628 Stock Forecast page.

More about China Life Insurance Co

China Life Insurance Company Limited is a major life insurer in China, offering life insurance and related financial products and services to individual and institutional customers. Listed in Hong Kong, the company operates both domestically and through overseas subsidiaries, with a focus on bancassurance, customer service and digital channels to support its insurance and investment solutions.

Average Trading Volume: 63,629,712

Technical Sentiment Signal: Buy

Current Market Cap: HK$1289.4B

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