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| HSI1 | 23,294.42 | +335.77 | 214.32B |
| HSCEI1 | 7,862.22 | +106.56 | 75.14B |
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2026-10-30 15:52:36 PING AN (02318.HK), under coverage of CMBI, announced its results for 3Q26. The group's operating profit for 9M26 rose 8.3% YoY to RMB125.9 billion, slightly above the broker's forecast of an 8.1% YoY hike, implying a solid 8.2% YoY growth in 3Q. The group's NPAT sank 27.3% YoY to RMB96.6 billion, while 3Q NP plummeted 95% YoY, owing to the correction in the A-share market. The broker noted that NBV for 9M26 shed 13.3% YoY to RMB31 billion, broadly in line, reflecting a 54% YoY decline in 3Q. Despite weak NBV in 3Q, management guided that NBV will achieve double-digit growth over the next three to five years, while the bancassurance channel was expected to resume solid growth in 1H27. The broker maintained its Buy rating and HKD81 target price on PING AN H shares unchanged. ~ AASTOCKS Financial News Website: www.aastocks.com | |