大行评级｜花旗：微升新华保险目标价至50.7港元 评级“中性”

Core Viewpoint - Citigroup has updated its valuation model for New China Life Insurance following the release of its half-year results, leading to an increase in earnings per share estimates for fiscal years 2025 and 2026 by 8% and 4% respectively, reflecting the latest trends in the capital markets [1] Summary by Category - Earnings Estimates - Citigroup raised its earnings per share estimates for New China Life Insurance for fiscal years 2025 and 2026 by 8% and 4% respectively [1] - Target Price Adjustment - The target price for New China Life Insurance was slightly increased from HKD 49.6 to HKD 50.7 [1] - Rating - Citigroup maintains a "Neutral" rating on New China Life Insurance due to perceived high valuations [1]