You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
瑞銀:降新華保險(1336.HK)目標價至40港元 上季新業務增長放緩
格隆匯 10-31 13:43
瑞銀髮表研究報告指,新華保險(1336.HK) 第三季首年保費(FYP)按年下跌16%(長期險首年保費按年跌23%),略低於該行預期。淨利潤增長29%至25億元人民幣,勝該行的全年預測,主因受到新税項規則推動。報告指新華沒有公佈季度新業務價值,但該行指由於產品組合改變,預料第三季及第四季利潤率下跌。新華是其中一間提早為明年的新業務銷售(Jumpstart Sales)做好準備的險企,相信可有助其新業務保費增長。該行預料新華經紀人數於截至今年第三季止已超過40萬人。
瑞銀將新華今年每股盈利預測調高9%,但將新業務價值增長調低,預料全年下跌10%,意味着今年下半年跌11%。同時,將其目標價由43.8港元降至40港元,因上季新業務增長放緩。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account