港股異動丨友邦保險3連升,累升13%,Q1新業務價值增長超預期
延續近日升勢,友邦保險(1299.HK)今日盤初再度升超4%,報61.65港元,連續第三日上升,累升13%,股價創3月21日以來新高。友邦保險4月30日公佈截至3月底止首季新業務摘要,新業務價值14.97億美元;按固定匯率及實質匯率計算,均為上升13%。期內,年化新保費26.17億美元;新業務價值利潤率為57.5%,按固定匯率計算,分別增長7%及3個百分點;按實質匯率計算,則分別上升7%及3.3個百分點。友邦保險香港業務再次錄得非常強勁的季度表現,新業務價值上升16%,受惠於集團在本地及中國內地訪客客户羣實現的均衡增長。另外,若不計入經濟假設變動的影響,友邦保險中國業務的新業務價值按年上升8%。花旗發表報吿指,友邦保險公佈2025年第一季度新業務價值超出預期,實現業務量增長與利潤率擴張,並透露了更多債券及中國投資組合的細節。儘管中國業務假設變動帶來阻力,友邦仍實現13%的新業務價值按年增長(按實際匯率/固定匯率計算),高於花旗預估的7%同比增長(按固定匯率)。新業務合約服務邊際同比增幅加快至16%。花旗對友邦一貫穩定的業績表現及其在行業條件和宏觀環境變化中的韌性印象深刻,今年預測股價對比每股內涵價值(P/EV)僅一倍,估值合理具吸引力。該行重申“買入”評級,目標價99港元。

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.