大行评级｜小摩：友邦保险是美元走弱的主要受惠者，上调目标价至115港元

Core Viewpoint - JPMorgan's report indicates that AIA Group is a major beneficiary of the weakening US dollar, and if the market adjusts its future business growth forecasts upward, it could serve as a catalyst for increasing its valuation [1] Group 1: Market Performance - Anticipation of positive performance in the Hong Kong, mainland China, and Thailand markets is expected to support an upward revision of AIA's new business value growth forecasts for fiscal years 2026 and 2027 [1] - The potential disclosure of data regarding AIA's joint venture in India is also expected to bolster market confidence [1] Group 2: Target Price and Rating - JPMorgan has raised AIA's target price to HKD 115 while maintaining an "Overweight" rating [1]