Xin Lang Cai Jing·2025-10-30 04:33Core Viewpoint - Goldman Sachs has slightly raised the target price for Ping An Insurance (02318) H-shares by 1.6%, from HKD 63 to HKD 64, while also adjusting the target price for its A-shares, maintaining a "Buy" rating for both [1] Group 1: Earnings Forecast - Goldman Sachs updated its forecasts for Ping An to reflect the performance in Q3 2025 and the latest investment market trends [1] - The net profit expectations for the fiscal years 2025-2027 have been increased by 3-19% [1] Group 2: Q3 Performance Highlights - Ping An's Q3 performance was better than both Goldman Sachs' and market expectations, indicating significant growth in stock investment income [1] - Strong momentum in new policy sales was observed [1] - A substantial reduction in losses from the asset management business was reported [1] - Goldman Sachs anticipates a positive market reaction to Ping An's stock price following these results [1]