Data:2009-12-12 2:34
Category: Money Tips Date: 2007-07-30
China Life Insurance (601628 market, information, reviews, search) on January 23 transferred to the Shanghai Composite index such as the Shanghai series, CSI series such as Shanghai and Shenzhen 300 Index. From the listing of China Life on the relevant index of impact, China Life Insurance on the Shanghai Composite transferred to the impact of large, became the second largest heavyweight (12.6%), the insurance industry to become a second power in heavy industry (12.6% ). China Life Insurance transferred to the Shanghai and Shenzhen 300, SSE 50, SSE 180 Index constituent stock little effect on weight change.
To judge from the current valuation point of view, a researcher from the China Life price target on the current price is only about 15% of the potential upside, abnormally high valuation levels, A shares H shares a relatively high premium, all demonstrated that China Life Insurance Co is currently high valuations during the year rose space has been limited. Thus, life for some time on the Shanghai Composite Index up driving a limited role. Life's strategic position on China's terms of use of controlled China Life Shanghai Composite Index has strong operational. Since China Life Insurance Shanghai and Shenzhen 300 index futures is not a big heavyweight, using its leverage, the Shanghai and Shenzhen 300 index and futures is not a viable move. With the future of China Life ban the placing shares in circulation, such as insurance companies are all listed Ping An Insurance, China Life Insurance and the insurance industry's strategic position will be increased gradually.
Guotai Junan Jiang Ying-Kun and other analysts believe that the future of China Life Shanghai Composite Index surged sharply inflated leading to the possibility of little or maintain its current price but little impact on the index, or indices as a result of its virtual cut down. Of course, from the longer-term perspective, China Life may still have greater investment value and potential upside.