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《大行報告》大摩:新華保險(01336.HK)中期新業務價值倒退令人意外
阿思達克 08-29 10:52

摩根士丹利發表報告表示,新華保險(01336.HK)今年中期純利按年升82%,大致符合公司早前公告,主要是稅務回撥及儲備釋放。

不過,無論如何,該行指新華保險上半年新業務價值按年下滑9%,令市場感到意外,基於其首季首年標準保費增長24%,即其各渠道毛利轉壞,令人關注其今年下半年此趨勢會否持續。該行關注新華保險管理層對推售短期產品策略的評論、及長遠如何提升競爭力。

而大摩予新華保險「與大市同步」投資評級及目標價40元。

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