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.
《大行報告》瑞信下調財險(02328.HK)目標價至8.3元 評級「中性」
阿思達克 05-12 10:06
瑞信發表評級報告,指中國財險(02328.HK)今年首四個月總保費收入按年增10%,受汽車保險拖累,4月增長放緩至2.7%。由於新車銷售中斷,汽車保險保費收入按年趨勢首度出現負數;受累農業(增8.7%)和責任保險(降15%),以致非汽車保險增長亦放緩,按年增9.6%。 該行表示,財險在5月份仍面對疫情逆風,料公司今年次季至第四季車保保費增長介乎5至6%(對比首季增11%)。由於疫情及成本效益改善,申索頻率減少,該行估算其4月綜合成本率按年下降(改善)。該行留意到疫情帶來的「好處」或屬暫時性,因或有積壓申索需求。 瑞信表示,將財險今明兩年每股盈測下調3%及4%,並將其目標價由8.7元下調至8.3元,維持「中性」評級。
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