China Life Insurance (Group) Co announced on Wednesday that it will invest 2 billion yuan ($315 million) in Huadian Fuxin Energy Development-a clean energy company specializing in the development and integration of new energy-marking a major green effort by the company to echo the country's carbon neutrality call.
China Life Insurance (Group) Co announced on Wednesday that it will invest 2 billion yuan ($315 million) in Huadian Fuxin Energy Development-a clean energy company specializing in the development and integration of new energy-marking a major green effort by the company to echo the country's carbon neutrality call.
China stocks extended gains on Wednesday as the reserve requirement ratio cut kept investor sentiment buoyed, with consumer staples and chipmakers leading the rise.
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