《大行報告》中金:友邦(01299.HK)第三季新業務價值高於預期
中金發表報告指,友邦(01299.HK)第三季新業務價值高於預期,主要由於內地和泰國市場表現勝預期。該行維持對友邦目標價94元和「跑贏大市」評級。同時將友邦今明兩年每股新業務價值分別上調2.4%和3.3%,各至0.35美元和0.4美元,意味著今明兩年新業務價值將按年分別增長30.6%和14.9%。
報告指,友邦香港在內地旅客的帶動下保持快速增長。新業務價值於第三季繼續快速增長,主要由內地旅客的銷售額帶動。由於基數較高,本地業務按季略有下降。目前對內地客的銷售額約佔友邦香港第三季新業務價值的一半,該行認為對內地客銷售額的強勁帶動作用可能會持續至明年首季至中(mid-1Q24),之後由於基數較高,帶動作用可能會減弱。
不過,由於香港保險產品對內地客相對具有吸引力,預計對內地客銷售將繼續成為友邦香港的增長動力。
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