Core Viewpoint - Bank of America Securities has raised its earnings forecast for China Pacific Insurance (02601, 601601.SH) by 12% for this year, citing an increase in investment return predictions [1] Summary by Category Earnings Forecast - The earnings estimates for 2026 to 2027 have been increased by 1% to 4% [1] - The target price for Hong Kong shares has been adjusted from HKD 40.4 to HKD 41.2, maintaining a "Buy" rating [1] - The target price for A-shares has been raised from RMB 35.2 to RMB 35.9, continuing a "Underperform" rating [1] Financial Performance - China Pacific Insurance reported a 19% year-on-year increase in net profit for the first nine months [1] - The profit for the third quarter alone saw a year-on-year growth of 35% [1] - The after-tax operating profit reached RMB 28.5 billion, reflecting a 7% year-on-year increase [1] Dividend Expectations - The company's dividend is expected to increase by 12% year-on-year, as it is dependent on profit and after-tax operating profit [1]
美银证券:升中国太保(02601)目标价至41.2港元 重申“买入”评级