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<Research>HSBC Research Ratings, TPs on CN Insurers (Table)
Recommend
29
Positive
49
Negative
20
Shares | Ratings | Target prices (HK$)

H Shares
CHINA LIFE(02628.HK) | Hold | 20 -> 29
CPIC(02601.HK) | Buy | 38 -> 43
NCI(01336.HK) | Underweight | 35 -> 42
PING AN(02318.HK) | Buy | 66 -> 84

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A Shares
CHINA LIFE (601628.SH) | Hold | RMB47 -> RMB52
CHINA PACIFIC INSURANCE (601601.SH) | Buy | RMB52 -> RMB58
NCI (601336.SH) | Hold | RMB65 -> RMB73
PING AN OF CHINA (601318.SH) | Hold -> Buy | RMB63 -> RMB87
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