China Life Insurance (LFC) gapped open sharply lower Thursday, but traded in a range for the bulk of the session. The stock closed down by 2.24 at $59.01 on strong volume.
China Life Insurance has been losing ground for the past 2 1/2 weeks and closed Thursday at a new low for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.