智通财经网·2026-02-10 08:39Core Viewpoint - UBS reported that AIA Group (01299) experienced an 8% decline in stock price over two trading days (February 5 and 6), attributed to profit-taking after outperforming the Hang Seng Index by 13 percentage points in the past two months, despite no specific news regarding the company [1] Group 1 - Some investors view the dip as a buying opportunity, citing AIA's stable performance last year and optimistic long-term outlook, with a target price set at HKD 106 and a "Buy" rating [1] - UBS noted concerns among investors regarding growth pressure on new business value due to high base effects from temporary factors like regulatory changes in Thailand and Hong Kong last year [1] Group 2 - UBS emphasized growth opportunities from the migration of deposits in mainland China, suggesting that while bancassurance is not AIA's primary focus, it can leverage its elite agency team targeting middle and affluent clients [1] - AIA is expected to benefit significantly from providing a wider range of investment options and higher expected returns through Hong Kong insurance products for mainland tourists, given its strong distribution capabilities and focus on protection-oriented products [1]