《瑞银窝轮》新华保险一月保费增长高 看好留意购12479
平保(2318)於2月20日晚公布全年业绩,纯利按年增近4成,差过市场预期 ,而新业务价值按年增长数字则符合市场预期。由於业绩没有惊喜,加上大市回落,平保在业绩後股价下跌,如投资者希望在低位部署,如投资者看好平安,可留意中国平安认购23883,行使价94.93港元,20年7月到期,有效杠杆约11.倍。
其他内险将陆续公布业绩,当中月初出了盈喜的新华保险(1336),在盈喜过後已经反覆上升近6%,而新华亦於下月底公布业绩。不过早在业绩前,新华保险已在2月18日公布1月原保险保费收入307.05亿元人民币,按年增长逾54%。原保费收入增长大,加上憧憬业绩,新华保险或有机会成为资金於内银的另一个目标,如投资者看好新保,可留意新华保险认购12479,行使价35.88港元,20年5月到期,有效杠杆约11倍。
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卓素华
董事
瑞银亚洲股票衍生产品销售部
本产品并无抵押品。 如发行人无力偿债或违约,投资者可能无法收回部份或全部应收款项。笔者为UBS AG的代表(作为证监会持牌人),并未持有相关上市公司的任何财务权益。本资料由瑞银刊发,其并不构成买卖建议、邀请、要约或游说。结构性产品价格可急升或急跌,投资者可能会蒙受全盘损失。过往表现并不反映将来表现。牛熊证备强制赎回机制而可能被提早终止,届时 (i) N类牛熊证投资者将不获发任何金额;而(ii) R类牛熊证之剩余价值可能为零。投资前应了解有关风险,并谘询专业顾问及查阅有关上市文件。UBS Securities Hong Kong Limited为结构性产品之流通量提供者,亦可能是唯一报价者或市场参与者。(C) UBS 2020。版权所有。~
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