02.03.2016 17:17:00
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China Life Insurance Co Ltd -- Moody's changes eight Chinese and Hong Kong insurers' outlook to negative following sovereign rating action
Hong Kong, March 03, 2016 -- Moody's Investors Service (Moody's) has changed to negative from stable the rating outlook of seven Chinese and Hong Kong insurers, and to negative from positive the rating outlook of one Chinese insurer, following Moody's decision to change to negative from stable the outlook on the Aa3 rating of China, as announced on March 2, 2016.