Ge Long Hui·2025-08-18 07:56Core Viewpoint - ZhongAn Online (6060.HK) has shown a positive market response with a 3.94% increase in stock price, reaching HKD 19.8, and a market capitalization of HKD 33.359 billion. The company is expected to achieve a total original insurance premium income of approximately RMB 19.917 billion from January 1, 2025, to July 31, 2025, reflecting a year-on-year growth of 5.82% [1] Group 1 - ZhongAn Online's deployment in the Hong Kong stablecoin ecosystem is anticipated to provide growth potential [1] - Citigroup has raised its earnings forecasts for ZhongAn Online for the fiscal years 2025 to 2027 by 11%, 12%, and 11% respectively, due to a more optimistic profit outlook and the appreciation of the RMB [1] - The target price for ZhongAn Online has been significantly increased from HKD 12.7 to HKD 24, with the rating upgraded to "Buy" [1]