GO
| HSI1 | 25,893.54 | +141.14 | 246.32B |
| HSCEI1 | 8,655.04 | +43.21 | 75.28B |
| Back Zoom + Zoom - Block Traded | |
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2026-04-08 10:24:43 After PING AN (02318.HK) announced its 2025 results, Morgan Stanley updated its risk-reward assessment and made slight adjustments to most key indicators. Morgan Stanley trimmed its forecasts for VNB for FY26E and FY27E by no more than 0.5%, mainly factoring in the bancassurance channel; meanwhile, it lowered its forecasts for OPAT for FY26E and FY27E by 0.5%, citing potential market volatility in the P&C segment. As a result, Morgan Stanley axed its TP for PING AN by 6% to HKD89 from HKD95, primarily considering the impact of OPAT and a more sustainable and stable growth in DPS. It maintained an Overweight rating. However, the broker continued to list PING AN as a top pick, expecting the company to achieve very healthy growth in VNB on the back of solid fundamentals, with the drag from the property sector gradually fading. ~ AASTOCKS Financial News Website: www.aastocks.com | |