Jefferies analyst Sam Wong downgraded China Life Insurance to Hold from Buy with a price target of HK$12, down from HK$16, citing what it calls the consensus’ “overly optimistic dividend expectations.”
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>