Chinese Shares Rally in U.S. on Earnings; China Life Advances
Chinese Shares Rally in U.S. on Earnings; China Life Advances (Bloomberg.com)
Aug. 27 (Bloomberg) -- Chinese stocks rallied in U.S. trading on optimism the country's economic growth will propel earnings. China Life Insurance Co. jumped after reporting profit that topped analysts' estimates.
Chinese Shares Rise Most Since 2004 in U.S.; China Life Gains (Bloomberg.com)
Aug. 27 (Bloomberg) -- Chinese stocks trading in the U.S. rallied the most in 3 1/2 years on optimism the country's economic growth will propel earnings. China Life Insurance Co. jumped after profit topped analysts' estimates.
Profits at China Life rise 160 per cent (FT.com via Yahoo! News)
China Life Insurance on Monday said it had taken advantage of looser regulations and a booming Chinese stock market to record a 160 per cent rise in first-half profits.
