New China Life Insurance

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New China Life Insurance Co., Ltd.
public
Traded as
IndustryFinancial services
FoundedSeptember 1996 (1996-09)
HeadquartersNCI Tower,
Beijing
,
China
ServicesLife insurance
RevenueIncrease CN¥157.918 billion (2015)
Increase CN¥8.601 billion (2015)
Total assetsIncrease CN¥660.560 billion (2015)
Total equityIncrease CN¥57.835 billion (2015)
Owner
ParentState Council of China
Websitewww.newchinalife.com/ Edit this on Wikidata
Footnotes / references
in a consolidated basis[1]
New China Life Insurance Co., Ltd.
Simplified Chinese新华人寿保险股份有限公司
Traditional Chinese新華人壽保險股份有限公司
New China Insurance Group
Simplified Chinese新華保險集團
Traditional Chinese新华保险集团

New China Life Insurance Co., Ltd. also known as New China Insurance (NCI) or Xinhua Baoxian Jituan (Chinese: 新华保险集团) is a Chinese life insurance company based in Beijing. Chinese government owned more than half of the shares of the company via sovereign fund Central Huijin, via state-owned enterprise Baosteel Group and a financial service company China Securities Finance.

The company is a constituent of stock market indice SSE 50 Index (blue chip of Shanghai Stock Exchange), CSI 300 Index, FTSE China A50 Index and Hang Seng China Enterprises Index.

The company was ranked 427th in 2016 Fortune Global 500 and 297th in 2016 Forbes Global 2000.

Equity investments[edit]

The company invested the premium received to several publicly traded company of China, notably Hikvision (0.51% stake in 2015), Industrial Bank (0.21% stake in 2015) and Tianqi Lithium (5.20% stake in 2015).[1]

Shareholders[edit]

Top 10 shareholders
As of 31 December 2015[1]

References[edit]

  1. ^ a b c "2015 Annual Report" (PDF). New China Life Insurance. Hong Kong Stock Exchange. 21 April 2016. Retrieved 7 January 2017.

External links[edit]