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<Research>G Sachs: PING AN (02318.HK) FY25 Results In Line; Rating Buy
Recommend 12 Positive 12 Negative 0 |
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Goldman Sachs' research report said that PING AN (02318.HK)'s FY25 results were largely in line, with muted share price reactions anticipated. The group's 4Q25 OPAT added by 35% YoY, driven by a narrowing loss in asset management and better P&C underwriting results. The FY25 OPAT rose by 10% YoY to RMB134.4 billion, aligning with the broker's expectations. The broker rated Buy on both the A-share PING AN OF CHINA (601318.SH) and H-share PING AN (02318.HK), with a target price of RMB76 for A shares and HKD74 for H shares. AASTOCKS Financial News Website: www.aastocks.com |
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