HONG KONG, Oct 5 (Reuters) - Hong Kong shares edged higher to extend a ten-month high as a surge in China Life offset profit-taking in large caps prompted by a fall on Wall Street overnight.
The Hang Seng Index <.HSI> closed up 0.09 percent at 22,639.14 after trading in negative territory for most of the day. The China Enterprise Index <.HSCE> finished up 0.5 percent.
Both indexes received a boost from a 6.9 percent jump by China Life Insurance Co Ltd <2628.HK>, which benefitted from a switch out of shares of rival Ping An Insurance (Group) Co of China Ltd <2318.HK>, said traders, as the insurance sector caught the market's attention following news of the price range for AIA's IPO. [ID:nTOE69403Z] (Editing by Chris Lewis) (vikram.subhedar@thomsonreuters.com; +852 2843 6975; Reuters Messaging: vikram.subhedar.reuters.com@reuters.net))