CHINA TAIPING (00966.HK) +0.140 (+1.169%) Short selling $6.20M; Ratio 7.452% 's major subsidiary, Taiping Life, saw its 1Q25 net profit rise by 87.5% YoY to RMB3 billion, DBS Group Research issued a research report saying. However, investment income and changes in fair value plummeted by 93.3% YoY, leading to a 18.5% decline in pre-tax profit. DBS Group Research raised its FY2025/ FY2026 net profit forecasts for CHINA TAIPING by 3.3%/ 4.4% each to reflect reduction in tax expenses. Taking into account the impact of persistently low interest rates on the Company's embedded value, the broker dropped its target price from $18 to $17, but reiterated rating at Buy, due to the effective transformation of the Company's product mix and the robust VNB outlook. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-27 16:25.)