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

CAPS Rating: 2 out of 5

The Company provides annuity products and group life insurance policies to individuals and groups. The company also offers products and services, such as individual and group life insurance, accident and health insurance policies.

Recs

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Player Avatar JUMPKIS (97.81) Submitted: 2/7/2007 5:26:01 PM : Underperform Start Price: $39.13 LFC Score: +35.46

China is hot, too hot, in my opinion. Any slowdown outside of expectations could cause significant and irrational "corrections".

China Life is a good long-term hold, but not presently a buy. People are referencing a growth market, etc, but nobody's paying attention to a critical point: health conditions (especially smoking and sti-related) are at insane levels in China. This either narrows the customer base or narrows potential growth, either way, we don't know enough about the life insurance market in China to make a serious bet.

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