• 1
  • 1
  • Favorite

Citigroup: Buy rating on AIA, target price of HK $104

新浪港股2022-08-25

Citigroup released a research report saying that it gave AIA (01299) a "buy" rating, predicting that stock repurchases will resume, and the stock price will react positively, with a target price of HK $104. The Group's performance in the first half of the year was in line with expectations, with a 13% decrease in value of new business (VNB) at constant exchange rates. Within the expected range, it was mainly due to a 9% decrease in annualized new premiums at real exchange rates and a 4 percentage point decrease in gross profit margin (at real exchange rates). According to the report, AIA's ASEAN market recovered from the epidemic, and the decline in new business value in the second quarter narrowed to 10% (down 19% in the first quarter). Adopting Hong Kong in the first half of the...

Web link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

  • 六只手
    ·2022-08-25
    👍 
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial