Aggressive’ Bearish Options Activity Seen in China Life Insurance Company Ltd. (ADR)

 Aggressive' Bearish Options Activity Seen in China Life Insurance Company Ltd. (ADR)

In today’s session China Life Insurance Company Ltd. (ADR) (LFC) recorded an unusually high (1,086) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious LFC decrease. With 1,086 contracts traded and 29984 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: LFC170120P00012500 closed last at: $0.65 or 8.3% up. About 584,842 shares traded hands or 31.16% up from the average. China Life Insurance Company Ltd. (ADR) (NYSE:LFC) has risen 7.41% since March 28, 2016 and is uptrending. It has outperformed by 2.70% the S&P500.

China Life Insurance Company Ltd. (ADR) (NYSE:LFC) Ratings Coverage

Out of 3 analysts covering China Life Insurance Company (NYSE:LFC), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. China Life Insurance Company has been the topic of 6 analyst reports since August 26, 2015 according to StockzIntelligence Inc. The company was downgraded on Tuesday, April 19 by UBS. The firm has “Neutral” rating given on Wednesday, August 26 by Credit Suisse. Bank of America maintained China Life Insurance Company Ltd. (ADR) (NYSE:LFC) on Thursday, August 27 with “Buy” rating. The firm earned “Equal-Weight” rating on Thursday, September 29 by Morgan Stanley. Jefferies upgraded the shares of LFC in a report on Thursday, August 27 to “Hold” rating. The stock of China Life Insurance Company Ltd. (ADR) (NYSE:LFC) earned “Buy” rating by UBS on Monday, July 18.

According to Zacks Investment Research, “China Life Insurance Company Limited is the leading life insurance company in China’s life insurance market. The Company provides products and services including individual life insurance, group life insurance, accident and health insurance. The Company is China’s largest life insurance company, a leading provider of annuity products and life insurance for both individuals and groups, and a leading provider of accident and health insurance. Through its controlling shareholding in the China Life Insurance Assets Management Co., Ltd., the Company became China’s largest insurance asset management company and one of the largest institutional investors in China.”

China Life Insurance Company Limited is a life insurance company. The company has a market cap of $82.11 billion. The Firm provides a range of insurance products, including individual and group life insurance, health insurance and accident insurance products. It has a 13.68 P/E ratio. It operates through four divisions: life insurance, health insurance, accident insurance and other.

LFC Company Profile

China Life Insurance Company Limited, incorporated on June 30, 2003, is a life insurance company. The Firm provides a range of insurance products, including individual and group life insurance, health insurance and accident insurance products. It operates through four divisions: life insurance, health insurance, accident insurance and other. The Company’s life insurance segment offers participating and non-participating life insurance and annuities to individuals and groups. The Company’s health insurance segment offers short-term and long-term health insurance to individuals and groups. The Company’s accident insurance segment offers short-term and long-term accident insurance to individuals and groups. The Company’s other segment reports the results of the insurance policy management services that it provides to China Life Insurance (Group) Company (CLIC), and the sales agency services that it provides to China Life Property and Casualty Insurance Company Limited (CLPCIC), as well as the results of its associates, joint ventures and subsidiaries. The Firm has approximately 220 million individual and group life insurance policies, annuity contracts, health insurance and accident insurance policies in force.

More recent China Life Insurance Company Ltd. (ADR) (NYSE:LFC) news were published by: Marketwatch.com which released: “China Life Insurance Co. Ltd. ADR” on December 21, 2009. Also Benzinga.com published the news titled: “China Life Insurance Taking On Risk To Maintain Growth” on September 29, 2016. Prnewswire.com‘s news article titled: “China Life Announces ADR Ratio Change” with publication date: May 11, 2015 was also an interesting one.

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