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大行評級|摩根大通:料內險股派中期息成短期催化劑 首選平安及國壽

摩根大通表示,人保及財險宣佈今年派發中期股息,國壽採取相若步驟合理。該行指,快於預期的壽險業務復甦、強化的資本管理政策及產品利潤率復甦,將抵消債息下跌的潛在風險,料內險股派中期息成短期催化劑。

該行予中國平安A股及H股及國壽H股“增持”評級,為內險股中首選。該行估計在港上市內險股今年平均股息率達6.4釐。但除中國平安外,未有其他內險股就未來3年股東回報有詳細指引,該行相信該指引為內險股公佈中期業績的潛在上行風險。

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