China Life Insurance Company Limited
China Life Insurance Company Limited (HKSE: 2628) is trading at HK$28.58, about ₹350 at today's HKD/INR rate, as of 25 Sep 2026, 4:08 AM ET, down 2.92% today. Indian residents can buy China Life Insurance from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$28.34
Today's high
HK$29.76
52 week low
HK$20.90
52 week high
HK$36.16
2628 opened at HK$29.76, closed previously at HK$29.44, and has traded between HK$20.90 and HK$36.16 over the past 52 weeks.
About
Operating across the People's Republic of China, China Life Insurance Company Limited, supported by its various subsidiaries, serves as a prominent provider of life insurance services. The company structures its extensive operations into four principal divisions: Life Insurance, Health Insurance, Accident Insurance, and a category for Other Businesses. It offers a wide array of protective insurance products, which include critical illness coverage, annuity schemes, specialized policies targeting children, women, and pension planning, in addition to general security, life, medical, and accident safeguards. The firm's origins trace back to 1949, and its central office is situated in Beijing, PRC. Ultimately, China Life Insurance Company Limited is an integral part of the China Life Insurance (Group) Company Limited, operating as one of its subsidiaries.
Key statistics
Avg. volume
52.67M
Market cap
HK$1.31T
P/E Ratio
4.27
Price-to-sales ratio
1.75
Enterprise value
CN¥1.26T
Free cash flow yield
60.12%
Debt-to-equity ratio
0.39
Return on equity
39.89%
ROIC
2.99%
Beta
0.88
Dividend yield
2.29%
Last dividend
HK$0.97
Financial overview
Revenue
CN¥605.11B
Earnings per share
CN¥5.45
Free cash flow
CN¥456.87B
Net profit margin
40.95%
Gross margin
93.26%
EBITDA
CN¥186.52B
Revenue growth
18.14%
Similar securities
This is not an investment recommendation
How to buy China Life Insurance from India
Indian residents can buy China Life Insurance shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to HKD.
Search for China Life Insurance and place an order
Find China Life Insurance by name or by its ticker, 2628, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. China Life Insurance trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your China Life Insurance position in HKD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in China Life Insurance from India
Trading and taxes when buying China Life Insurance from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm HKT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. China Life Insurance’s current yield is 2.29%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy China Life Insurance stock?
Yes. China Life Insurance (2628) has been listed on the Hong Kong Stock Exchange since 2003, in the Insurance - Life industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to HKD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one China Life Insurance share cost in rupees?
One China Life Insurance share is HK$28.58 — about ₹350 at an HKD/INR rate of 12.25 on 24 Sep 2026. Both the China Life Insurance price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying China Life Insurance from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
What is the minimum I can buy of China Life Insurance?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on China Life Insurance shares taxed in India?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the HKD/INR rate on the purchase and the sale date, so the rupee move counts alongside the China Life Insurance price. Paasa issues a capital-gains statement for your return.
Does China Life Insurance pay a dividend, and how is it taxed in India?
Yes. China Life Insurance pays a dividend and the current yield is 2.29%; the last declared dividend was HK$0.97 per share, about ₹11.89. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade China Life Insurance from India?
The Hong Kong Stock Exchange trades 7:00 am – 1:30 pm IST in Indian time. It also halts for lunch, 9:30 am – 10:30 am IST. Orders can only execute during that window.
Is China Life Insurance a Hong Kong SAR China company, and does that change how it is taxed?
China Life Insurance trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. China Life Insurance trades as an ordinary share listed directly in Hong Kong, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare China Life Insurance shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your China Life Insurance holding, its cost and its closing value.
How do I sell China Life Insurance and bring the money back to India?
You sell during market hours (7:00 am – 1:30 pm IST) and the proceeds settle in HKD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.