AIA(HK:01299) Ge Long Hui·2025-10-15 20:56Core Viewpoint - Morgan Stanley forecasts that AIA's new business value for Q3 will increase by 15% year-on-year at constant exchange rates, continuing the momentum from a 14% year-on-year increase in the first half of the year [1] Group 1: Market Performance - The Hong Kong market is expected to achieve a 20% growth in new business value at constant exchange rates, driven by the launch of popular new participatory products [1] - The mainland market's new business value is projected to rise by 9% year-on-year, with healthy demand anticipated due to a new round of interest rate cuts, along with regional business expansion and growth in bancassurance channels [1] Group 2: Analyst Rating - Morgan Stanley maintains an "Overweight" rating on AIA, with a target price set at HKD 96 [1]