《大行報告》中金料友邦(01299.HK)上半年新業務價值按年跌14.6% 評級「跑贏行業」
中金發表評級報告,預料新業務價值實質匯率口徑下按年跌14.6%,固定匯率口徑下按年跌12.6%;考慮到上海、江蘇、北京的新業務價值貢獻約佔中國整體業務的50%,中金預計次季內地疫情對公司的新業務帶來較大負面影響。
該行預計,上半年香港市場新業務價值按年跌3%,對應次季按年出現雙位數跌幅。受到香港疫情對代理人業務的影響,預計香港代理渠道業務在今年次季受到較大衝擊,銀保渠道表現相對較好;預計澳門業務按年維持快速增長;料東盟市場新業務價值按季增長有所改善,其中新加坡、馬來西亞市場上半年實質匯率口徑下新業務價值按年略微下跌。
中金將集團今明兩年盈利預測下調5.8%及2%至每股0.55及0.69美元,維持目標價108元及評級「跑贏行業」。(ca/k)
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