STOCKS | China Life Falls 3% As Turnover Reaches HK$283 Million

China Life Insurance (02628) fell as much as 3.3% to HK$28.7, breaking below its 20-day moving average of HK$29.135, according to ETNet. The stock was last down 3% at HK$28.72, after trading between HK$28.7 and HK$29.56. Turnover reached 9.7303 million shares worth HK$283 million. It has now fallen for two straight sessions, with a cumulative decline of 4.7%. ETNet reported that the biggest net passive buyer was Futu Securities International, with HK$6.1547 million, while the biggest net passive seller was JPMorgan, with HK$19.51 million. The Hang Seng Index was down 113 points, or 0.5%, at 24,692, while the Hang Seng China Enterprises Index fell 31 points, or 0.4%, to 8,214.