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JPMorgan Chase: Downgrade the ratings of various domestic insurance stocks and overweight Ping An of China

财通社2021-08-10

[JPMorgan Chase: Downgrade the ratings of various domestic insurance stocks and overweight Ping An of China] JPMorgan Chase published a research report, pointing out that in addition to Ping An of China maintaining an overweight rating, it downgraded the investment ratings of many domestic insurance stocks. The bank suggested that other life insurance stocks mobilize funds to take advantage of the weak stock price of Ping An of China to collect. According to the report, mainland insurance stocks are vulnerable when macro and policy uncertainties tend to increase, and it is expected that market concerns about asset risks will outweigh operating trends in at least the next six months. Long-term investors can consider this opportunity, but the lack of catalysts until the first quarter of next year makes the bank cautious. The bank lowered the target price of domestic insurance stocks by an average of 40%, and put China Life Insurance, China Pacific Insurance...

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  • Colin08
    ·2021-08-10
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