Zhi Tong Cai Jing·2026-01-29 07:13Group 1 - The core viewpoint of the article is that AIA Group (01299) has outperformed the market over the past 12 months, with a cumulative increase of 63%, compared to a 37% rise in the Hang Seng Index [1] - Morgan Stanley has raised the target price for AIA to HKD 115 and maintains an "Overweight" rating [1] - AIA is seen as a major beneficiary of the weakening US dollar, and potential upward revisions in future business growth forecasts could act as catalysts for further valuation increases [1] Group 2 - Positive market performance is anticipated in Hong Kong, mainland China, and Thailand, which may support upward adjustments in 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 sentiment [1]