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<Research>Citi: PING AN (02318.HK) Confident in Sales Growth for 1Q26
Recommend 12 Positive 23 Negative 5 |
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Citi released a research report on PING AN (02318.HK), of which management is confident in sales growth for 1Q26. The broker maintained a target price of HKD68 and a Buy rating for the company. The report quoted Ping An's management as saying that there is robust market demand for insurance savings, and correspondingly Ping An will garner opportunities through savings products. Over the past five quarters, the productivity of agents has continued to grow, which will juice new business value growth, said the broker. Besides, the company has increased banking channels among non-Ping An Bank (000001.SZ) partners and strengthened banca staff at PAB after the team integration with private banking staff. AASTOCKS Financial News Website: www.aastocks.com |
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