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《大行報告》花旗料內險股明年盈利增長復甦 首選平安及太保
阿思達克 12-10 12:31
花旗發表中資保險股明年展望報告表示,指內地壽險行業可受益於良性競爭格局,該行對內地壽險業前景看法轉為更樂觀,相信壽險企業可於今年下半年觸底,在新冠疫苗快將推出下,料可支持經濟復蘇,而新互聯網保險銷售規則將緩解來自中型非上市壽險公司的競爭。該行指因2020年低基數下,料2021年可進一步推動保費增長,令該行偏愛壽險多於財險。

該行料中資保險股明年盈利增長可迎來轉折點,由於相關準備金壓力減少,料可令收益增長恢復,據該行分析,2021年會迎來更有利良好的股市環境和固定資產收益率上升環境。

花旗指,內險股首選中國平安(02318.HK)及中國太保(02601.HK),上調對中國平安其H目標價由103元上調至114元,維持「買入」評級。隨著明年壽險業務改革開始取得成果及增長恢復,公司將迎來轉機。該行將太保H股目標價由28.4元上調至39元,維持「買入」評級。

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