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大行评级|摩根大通:上调友邦保险目标价至105港元 维持“增持”评级
Ge Long Hui·2025-08-06 05:30

Core Viewpoint - Morgan Stanley's research report indicates that AIA Group has outperformed the market this year, with its stock price rising 27% from a low of HKD 46 in April 2024, compared to a 23% increase in the Hang Seng Index [1] Summary by Relevant Sections - Stock Performance AIA Group's stock price has increased by 27% since April 2024, outperforming the Hang Seng Index which rose by 23% [1] - Market Focus The market is likely to focus on the upcoming financial report for the first half of 2025, scheduled for August 22, which may provide new catalysts such as accelerated cash growth, outlook on Hong Kong operations post-regulatory changes, and guidance on total shareholder return (TSR) for 2026 [1] - Target Price Adjustment Morgan Stanley has raised its target price for AIA Group from HKD 102 to HKD 105, maintaining an "Overweight" rating due to expectations that the 2026 earnings guidance may be raised or exceed expectations, along with further potential for total shareholder return [1]