《大行》星展升中國財險(02328.HK)目標價19元 維持「持有」評級
星展研究報告指,中國財險(02328.HK)上半年綜合成本率(COR)進一步改善至94.8%,主要受惠於車險成本率提升2.2個百分點,表現好過預期。期內淨利潤達245億元人民幣,按年增長32.3%,亦好過市場預期,主要由於承保利潤改善及投資收入穩健增長。賬面價值較去年下半年增長8%,受益於金融資產增加11%,且股市表現良好。
該行將財險2026及27年盈利預測上調7%及8%,目標價由15.4港元上調至19港元。維持「持有」評級,因當前估值仍偏高。
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.