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.
瑞信:重申中國太保(2601.HK)優於大市評級 目標價44.81港元
格隆匯 07-15 12:42

瑞信發表研究報吿指,中國太保(2601.HK)上半年壽險總保費按年增長2.2%,意味6月份錄得7.6%的跌幅。首年業務保費收入上半年升18%,反映今年第二季跌1%。不過,該行預期中國太保新業務價值,將於今年上半年實現行業領先的增長。該行對重申公司優於大市評級,目標價44.81港元。

瑞信表示,利潤率較低的產品組合將拖累集團上半年的盈利。儘管新業務銷售表現強勁,但續保方面卻有所下跌。踏入第三季,該行預期集團在代理人招聘面臨挑戰、保險需求未恢復等情況下,新業務銷售趨勢仍將持續,集團亦表示將爭取在今年實現新業務價值正增長。

該行指,在改革推動下,汽車保費上半年下跌了7%,而非車險保費就在政府政策影響下下跌28%。該行認為,由於改革導致車險的綜合成本率持續受壓,預料今年集團的綜合成本率將惡化。

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