BOCOM International Raises CHINA LIFE (02628) Target Price to HK$30, Maintains "Buy" Rating

Stock News

Sep 01

BOCOM International issued a research report stating that CHINA LIFE (02628) experienced a significant slowdown in profit growth in the first half compared to the first quarter, believed to be due to market interest rate fluctuations affecting insurance service performance. However, investment returns showed improvement compared to the first quarter.

Given the positive momentum in the stock market, BOCOM International maintains its "Buy" rating for CHINA LIFE, raising the target price from HK$19 to HK$30. The firm has revised its new business value forecasts for 2025-2026 upward by 28.4% and 29.5% respectively, while adjusting net profit forecasts downward by 6.9% and 2%, maintaining the "Buy" rating.

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However, investment returns showed improvement compared to the first quarter.</p>\n<p>Given the positive momentum in the stock market, BOCOM International maintains its \"Buy\" rating for CHINA LIFE, raising the target price from HK$19 to HK$30. The firm has revised its new business value forecasts for 2025-2026 upward by 28.4% and 29.5% respectively, while adjusting net profit forecasts downward by 6.9% and 2%, maintaining the \"Buy\" rating.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1584","symbol_name":"蚂蚁金服概念","start_time":0,"source_url":"","article_id":"1120700699","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1120700699","pubTimestamp":1756719063,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"BOCOM International issued a research report stating that CHINA LIFE (02628) experienced a significant slowdown in profit growth in the first half compared to the first quarter, believed to be due to...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"601628":"中国人寿","BK1584":"蚂蚁金服概念","SG9999012744.USD":"UNITED ASIAN INCOME (USDHDG) INC","BK0196":"行业龙头","LU0287142896.SGD":"Fidelity China Focus A-SGD","SG9999012736.USD":"UNITED ASIAN INCOME (USDHDG) ACC","SG9999012710.SGD":"UNITED ASIAN INCOME (SGDHDG) ACC","BK0207":"保险","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK1550":"内险股","BK1521":"挪威政府全球养老基金持仓","02628":"中国人寿","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","IE0032431581.USD":"PINEBRIDGE GREATER CHINA EQUITY \"A\" (USD) ACC","LU0173614495.USD":"富达中国焦点A","BK0183":"MSCI概念","BK0188":"融资融券","BK0012":"证金概念","BK0028":"国家队","SG9999012728.SGD":"United Asian Income Fund Dis SGD","BK1184":"人寿与健康保险"},"translate_title":"交银国际上调中国人寿(02628)目标价至30港元维持“买入”评级","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"601628":1,"02628":1},"content_text":"BOCOM International issued a research report stating that CHINA LIFE (02628) experienced a significant slowdown in profit growth in the first half compared to the first quarter, believed to be due to market interest rate fluctuations affecting insurance service performance. 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