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<Research>M Stanley Updates Risk-Reward Forecast for CHINA LIFE, Cuts TP to HKD37.9
Recommend 26 Positive 24 Negative 14 |
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Morgan Stanley has issued a research report updating its risk-reward forecast for CHINA LIFE (02628.HK), taking into account the company's 2025 full-year results. CHINA LIFE's target price has dropped from HKD43.1 to HKD37.9, alongside an Overweight rating. Morgan Stanley has kept its forecasts for profit attributable to the company's shareholders for 2026-27 largely unchanged, with variations within 0.5%. The report also highlighted CHINA LIFE's position as China's largest state-owned life insurer. Seeing that the company is placing greater focus on value growth and market-oriented mechanisms, the broker expects its strategy to stay stable. Auto-translated by AI AASTOCKS Financial News |
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