Source: Tech – South China Morning PostChina Life Insurance, the country’s largest life insurer, has posted record highs in its first-half results, and says it will scale up investments in technology-related sectors while seeking to become a long-term partner for innovative enterprises.
The Shanghai- and Hong Kong-listed insurer recorded revenue of 434.3 billion yuan (US$64.6 billion), up 81.5 per cent year on year, according to interim results released on Thursday.
Net profit surged more than 228 per cent to 134.5 billion yuan.
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