AIA Insurance will be able to continue with relatively large-scale buybacks without significant solvency ratio pressure next year.
According to the SmartMoney APP, JPMorgan released a research report stating that AIA Insurance (01299) has shown strong performance in the first half of the year. Considering management's guidance, the group's target price has been raised from HKD 92 to HKD 96, and the stock is considered cheap, with a "buy" rating. The confidence of AIA management in accelerating cash flow has been continuously enhanced, which means that the group will be able to continue with relatively large-scale buybacks without significant solvency ratio pressure next year.
