大摩：维持友邦保险(01299)“增持”评级 上半年新业务价值符预期

Core Viewpoint - Morgan Stanley reports that AIA Group (01299) has shown healthy new business value in the first half of the year, meeting market expectations, with key financial indicators continuously improving and exceeding the bank's forecasts by 1 to 3 percentage points [1] Financial Performance - The management expresses confidence in growth within the Chinese market [1] - Morgan Stanley slightly raises AIA's net profit forecast for the fiscal years 2025 to 2027 by 0.7%, 0.4%, and 0.1% respectively [1] - New business value is also slightly adjusted upwards by 0.7% to 0.8% [1] Investment Rating - Morgan Stanley maintains an "Overweight" rating for AIA Group [1]