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<Research>UBS Elevates CHINA LIFE (02628.HK) TP to $27.4, Keeps Rating at Buy
Recommend
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Positive
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Negative
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CHINA LIFE (02628.HK)'s interim results were largely in line with expectations, UBS released a research report saying. Net profit after tax increased by 6.9% YoY, slightly exceeding market consensus.

Shareholder equity (net asset value) grew by 2.7% HoH, below the market consensus of 7%. An interim DPS of RMB0.238 was declared, up 19% YoY, beating market expectations.

Related NewsHTSC Lifts CHINA LIFE (02628.HK) TP to $26, Keeps Rating at Buy
The broker raised its 2025-2027 net profit after tax forecasts for CHINA LIFE by 32%/ 22%/ 19% each to reflect 1H25 results, and elevated its target price from $19 to $27.4, with rating kept at Buy.
AASTOCKS Financial News
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