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| HSI1 | 25,935.41 | -16.99 | 238.82B |
| HSCEI1 | 9,163.24 | -9.97 | 79.37B |
| Back Zoom + Zoom - Block Traded | |
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2025-11-05 11:56:41 JPMorgan released a research report updating its estimations, based on AIA (01299.HK)'s strong 3Q25 new business value performance. With a noticeable recovery in mainland China's life insurance demand, averaging 49% YoY new business value growth for 1-3Q25, the broker believed that investor confidence in the industry's growth prospects and quality is improving. Given the current valuation (1.4x FY2026 forecasted P/EV, compared to the historical average of 1.7x), JPMorgan expected upward revisions in market consensus for new business value growth predictions for FY2025-2027 to act as a near-term catalyst. Accordingly, the broker lifted its target price from $105 to $107, with rating kept at Overweight. ~ AASTOCKS Financial News Website: www.aastocks.com | |