cryptoplaytoearngames| Citigroup: Maintain China Life's "Buy" rating and lower target price to HK$15.6

Citi released a research report sayingcryptoplaytoearngamesAfter China Life (02628) announced its quarterly results, it lowered its earnings per share forecasts for the fiscal years 2024 to 2026 by 6%, 5% and 5% respectively to reflect the downward revision of the group's investment income estimates due to fluctuations in the capital market. Citigroup lowered its target price from HK$16 to HK$15cryptoplaytoearngamesThe Group maintains a "Buy" rating to reflect the Group's relatively prudent underwriting and the stability of its management team and attractive valuation.

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