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《大行報告》大和料保險股今年可持續復蘇 首選友邦、太平及太保等五股
阿思達克 04-08 14:40
大和證券發表報告表示,隨著疫後背景下,中國社會隔離措施的逐步消除和消費者信心的恢復,在略微收緊的貨幣政策的幫助下,該行相信內地保險行業於2021年將是良好的一年,相信短期內所面臨挑戰因素已被反映在估值之上。

該行預計內地保險企業於2021年新業務價值,將在所有四個季度中持續復甦,並且淨利潤將呈上升。該行預計中國太平(00966.HK)以價值為中心的戰略,和改進的執行力的結果將在今年首季度及上半年展現。從長期來看,該行預計友邦(01299.HK)旗下友邦中國將保持競爭優勢,而太保(02601.HK)旗下壽險業務將看到代理質量提升。

大和指,市場關注兩大影響中資保險股的因素,第一是新危疾產品銷售所貢獻的新業務價值表現、第二是代理人數下滑的影響,但該行相信第一個因素已被市場全面反映,股價對內含價值僅0.6倍,就第二個關注因素,該行看好能聘用具質素的代理險企包括友邦保險及中國太保。

該行指在中港保險股的行業首選包括中國太平、新華保險(01336.HK)、友邦保險、中國太保及眾安在線(06060.HK)。

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