GO
| HSI1 | 23,393.32 | +98.90 | 204.84B |
| HSCEI1 | 7,906.11 | +43.89 | 74.19B |
| Back Zoom + Zoom - Block Traded | |
|
2026-11-02 15:47:38 JPMorgan published a research report covering CHINA LIFE (02628.HK), which recorded a net loss of RMB45 billion in 3Q, influenced by financial market turmoil. Given that peers also saw similar earnings fluctuations, the broker said investors will not be overly surprised and thus maintained its Overweight rating and TP at HKD40. JPMorgan noted that CHINA LIFE's NBV for 1-3Q hiked 13% YoY, outperforming the 13% and 6.5% YoY declines recorded by Ping An Life and CPIC Life respectively. The broker added that CHINA LIFE's share price has faded 24% YTD, and it expected a muted market reaction to 3Q results, as solid value of NBV growth should largely offset negative sentiment arising from accounting earnings volatility. ~ AASTOCKS Financial News Website: www.aastocks.com | |