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Fly News Breaks for October 29, 2018
LFC
Oct 29, 2018 | 08:10 EDT
As previously reported, Bernstein analyst Linda Sun-Mattison downgraded China Life Insurance to Market Perform from Outperform after the company reported "poor" Q3 results, with few details. The analyst notes that Friday's conference call again failed to address her concerns on sales, with management vague on how it plans to deal with the national service demand from the government to support the domestic equity market.
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