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| 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 11:17:57 Morgan Stanley has issued a research report updating its risk-reward model for PICC P&C (02328.HK), given that the company's 2025 results were broadly in line with expectations. However, the report highlighted that PICC P&C's non-auto insurance combined ratio (CoR) exceeded 100%, and the 4Q25 investment performance was slightly worse than expected. Believing that PICC P&C's new management team may place greater emphasis on the combined ratio and shareholder returns, Morgan Stanley has lowered its target price for the company by 1% from HKD20.7 to HKD20.5 but kept the Overweight rating unchanged. ~ AAStocks Financial News Web Site: www.aastocks.com | |