No Data
Goldman Sachs: Reduced AIA's Target Price to HKD 91, expecting the new business value for the fiscal year 2025 to still achieve double-digit growth.
Goldman Sachs released a Research Report stating that after the performance announcement for the fiscal year 2024, the bank made slight adjustments to its forecast for AIA (01299). Despite facing headwinds in the mainland China market, the bank still expects a double-digit growth in the new business value for the fiscal year 2025. Based on a forward new business multiple of 8 times (unchanged), the 12-month Target Price derived from the discounted model is now HKD 91 (previously HKD 94), which implies a PB of 1.6 times for the fiscal year 2026. After AIA announces its fiscal year 2024 results, the discussions between the bank and investors will mainly focus on two aspects: 1) the scale of Share Buyback is smaller than
Zhitong Hong Kong Stock Short Selling Statistics | March 19.
Hong Kong Stock Short Selling Statistics | March 19.
Goldman Sachs: Maintains AIA (01299) "Buy" rating and lowers Target Price to 91 Hong Kong dollars.
Goldman Sachs stated that AIA reflects the situation of declining long-term Bonds yields in China (and Thailand), which is addressed by increasing the required capital and reducing free surplus.
【Brokerage Focus】BOCOM INTL maintains Buy rating on AIA (01299), stating it combines stability and growth.
Jinwu Financial News | BOCOM INTL Research Reports indicate that AIA (01299) has a new business value growth of 18% year-on-year in 2024, which aligns with the expectations of this bank, but is 2% lower than the market expectation. The new business value rate is 54.5%, up 1.9 percentage points year-on-year, mainly due to changes in product structure. As the company is approved to enter new provinces and cities, the mainland market business in China still has continuous growth momentum. The company's operating profit (OPAT) is expected to grow 7% year-on-year in 2024, which meets market expectations; the OPAT per share is expected to increase by 12%, better than the company's guidance; and the net income attributable to the parent company is better than the market expectation. Additionally, the company maintains its per share dividend.
Express News | AIA Group - Listing of Programme Is Expected to Become Effective on or About 18 March 2025.
Express News | AIA Group - Application Has Been Made to Stock Exchange of Hong Kong for Listing of US$18 Bln Global Medium Term Note and Securities Programme
