交银国际:升中国人寿(02628)目标价至30港元 维持“买入”评级
智通财经网·2025-09-01 09:44

Core Viewpoint - China Life Insurance's (02628) profit growth in the first half of the year has significantly slowed compared to the first quarter, attributed to market interest rate fluctuations affecting insurance service performance, although investment income has rebounded compared to the first quarter [1] Group 1: Financial Performance - The investment income performance during the period improved compared to the first quarter [1] - The forecast for new business value for 2025 to 2026 has been raised by 28.4% and 29.5% respectively [1] - The pure profit forecast has been adjusted downwards by 6.9% and 2% for the same periods [1] Group 2: Ratings and Target Price - The company maintains a "Buy" rating for China Life Insurance [1] - The target price has been increased from HKD 19 to HKD 30 [1]