China Life sweeps seven accolades at Institutional Investors' 2020 All-Asia Executive Team rankings
Awarded one of the Most Honored Companies
Since 2019, China Life has launched the "
This year marks the third consecutive year in which China Life has been recognized as one of
This is the first time that China Life has been recognized in all seven categories since its listing. Among which, China Life surpassed many well-known domestic and overseas insurance companies to take first place in both the "Best IR Program" and "Best IR Team" categories for the first time.
Institutional Investor magazine is recognized as the leading provider of independent, qualitative feedback, for all three sides of the investment community. It conducts selection for enterprises in the
The 2020 All-Asia Executive Team rankings reflect the opinions of 1,921 portfolio managers and buy-side analysts, and 611 sell-side analysts. This year, a total of 1,472 companies across 18 different sectors were nominated, among which 26 were from the insurance sector, creating fierce competition.
Unlike other awards, this ranking, which is entirely based on votes from recognized financial professionals, is a highly authoritative and trusted ranking for overseas capital markets.
Companies were evaluated on 9 performance attributes: (1) accessibility of senior executives; (2) execution of strategy; (3) IR Team is well informed and empowered; (4) productivity of NDR/conferences/calls; (5) responsiveness; (6) business & market knowledge; (7) consistency & granularity; (8) ESG information; and (9) Timeliness.
"China Life Revitalization" progressing steadily: Investor relations improvements highly recognized by the capital market
China Life was listed in
At present, the average age of the Company's IR team is 35 years old, with experience in investor relations ranging from 3-15 years. The team members come from diverse backgrounds, but all possess a sound understanding of the capital markets as well as profound knowledge of the insurance industry, while maintaining an international perspective.
With the launch of a series of reforms in 2019, came a new top priority for the Company's IR team: helping the capital market truly understand and recognize the positive changes in
Since new management has taken the helm, the IR team hosted a Company Open Day (the first in four years), providing access to the Company's senior management and setting a record for number of attendees, while garnering an immense amount of attention from the capital market and the media. At the same time, the frequency of meetings with investors has been greatly increased, offering investors in-depth communication opportunities with Company management or relevant personnel, while the engagement and accessibility of the Company has been continuously enhanced.
In addition, the Company has also actively responded to the demands of the market. For the first time, the Company held a first quarter results conference call, adding to continued improvement of disclosure and transparency, while broadening the channels of communication between the capital market and the Company.
In 2020, COVID-19 has brought new challenges to every facet of life, including investor relations. The Company's IR team rose to the challenge, and adapted to the difficult circumstances to ensure that the 2019 annual results briefing was held as scheduled, while innovatively completing a global virtual roadshow. Similarly, to allay the disruptions caused by the pandemic on face-to-face meetings with investors, China Life adapted its internal video conference system to be compatible with external platforms such as
In the future, China Life will continue to promote the strategic goal of "China Life Revitalization", strive to improve fundamentals, strengthen and further innovate investor relations management, and pledge itself to creating long-term value for its shareholders.
+852 3103 0112