China Life has become the latest Chinese insurer to snap up a stake in a western company, after buying shares in credit card provider Visa's $19.7bn (Ã¢ÂÂ¬12.8bn) flotation last week.

China Life bought a $300m holding in Visa's initial public offering, which was the largest from the US on record. It was the insurer's maiden overseas investment.

Tara Loader Wilkinson

China Life

Ping An Insurance

Visa

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China Life buys into Visa

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