Hong Kong stock news forecast for this week | Adjustment of Hong Kong Stock Connect symbols implementation, AIA and other companies will announce their performance.
① The adjustment of Hong Kong Stock Connect symbols is being implemented; which companies will be affected? ② Companies like AIA will announce their performance; what market hotspots are attracting attention?
Hong Kong stocks are moving differently | Mainland Insurance Companies strengthened in the morning session. The pilot for investment in Private Equity by financial asset investment companies will further expand. The advantages of long-term investment of I
Mainland Insurance Companies strengthened in the morning. As of the time of publication, New China Life Insurance (01336) rose by 4.16% to HKD 27.55; CHINA TAIPING (00966) rose by 3.99% to HKD 11.98; AIA (01299) rose by 3.68% to HKD 63.4; Ping An Insurance (02318) rose by 3.44% to HKD 48.05.
Da Hua Ji Xian: "Confident in Buy" list adds multiple Stocks including Geely Autos (00175) etc. (Table)
The new Stocks added to the "Buy with confidence" list include Geely Autos (00175), JD-SW (09618), SHK PPT (00016), and Zijin Mining Group (02899).
Morgan Stanley maintains AIA's "Shareholding" rating with a Target Price of 59.4 HKD.
JPMorgan released a research report stating that it maintains a "Shareholding" rating for AIA (01299), with a Target Price of HKD 59.4. AIA's stock price has underperformed the market this year, but its projected PE for the fiscal year 2025 is 12 times, significantly higher than the PE of 5 to 7 times for mainland listed insurance companies in Hong Kong.
DBS: Reiterates AIA (01299) "Buy" rating with a Target Price of 100 Hong Kong dollars.
AIA is in a leading position in fields such as cloud applications, digital insurance applications and direct processing, AI-supported processing, and digital lead generation and conversion.
Major measures for financial opening! Lowering the access threshold for Financial Institutions from Hong Kong and Macao to the mainland. How will capital from Hong Kong and Macao ignite the mainland Insurance market?
① On one hand, it will help accelerate overseas Financial Institutions' investment in China's Insurance market, partially alleviating the current capital tightness in the Insurance Industry; ② On the other hand, it will also be beneficial in introducing products and experiences from mature Insurance markets; ③ Some experts believe that if a capital investment of billions of dollars comes in, it could leverage a large-scale premium.
Guosen: In 24Q4, the yield on Insurance investment significantly rebounded, remaining Bullish on long-duration Bonds and high-dividend Stocks allocation opportunities.
In the context of "Asset Scarcity," expanding investment channels for Insurance has become an important means of stabilizing medium to long-term investment returns. The bank remains Bullish on allocation opportunities in long-duration Bonds and high-dividend Stocks.
【Brokerage Focus】CMB International maintains a "Buy" rating on AIA (01299), expecting its new business value last year to grow by 20% year-on-year.
Jinwu Financial News | Zhao Yin International issued a Research Report indicating that AIA (01299) will disclose its full-year performance for 2024 before the market opens on March 14. The bank expects the company's annual new business value (VONB) to grow by 20% (at fixed Exchange Rates) / 18% (at actual Exchange Rates) year-on-year to 4.77 billion USD, with new business value in the second half of 2024 expected to increase by 16% year-on-year (at fixed Exchange Rates), while the new business value in the fourth quarter of 2024 is expected to grow by 14% year-on-year (at fixed Exchange Rates), showing a slight slowdown compared to the 16% year-on-year growth in the third quarter of 2024. By market, the bank expects new business value in Hong Kong, China, and Other markets to be promising.
Announcement Highlights | Alibaba's revenue in the last quarter increased by 8% year-on-year; "Snow King" has started its IPO! The stock is priced at HKD 202.5 per share.
In the last quarter, Alibaba's Net income increased by over 300%; CHINA RES POWER's photovoltaic sales volume in January rose by 45%.
AIA (01299.HK) will hold a Board of Directors meeting on March 14 to consider and approve the release of the annual performance.
Gelonghui reported on February 20 that AIA (01299.HK) announced that a committee appointed by the company's Board of Directors will hold a meeting on March 14, 2025 (Friday) to (including) consider and approve the release of the company's annual results for the year ending December 31, 2024, and to consider the proposal for a final dividend payment (if any).
Meeting of a Committee Appointed by the Board
Insurance capital frequently welcomes policy dividends in the market. Are there still constraints? Voices from the Industry have emerged | Focus on long-term capital entering the market②
① Equity investments intensify the consumption of capital, and life insurance companies continue to face pressure for capital replenishment; ② The large minimum capital requirements significantly restrict the scale of insurance capital entering the market, creating a dilemma between capital occupation and returns for insurance companies; ③ The industry calls for the introduction of measures to reduce capital occupation and provide incentives.
After the surge of DeepSeek, Insurance Institutions continue to get involved, do small and medium insurance companies have an opportunity for a "comeback"?
① Currently, the application areas of Insurance Institutions connecting to the DeepSeek large model mainly focus on providing information to agents, and will expand to asset management, risk control, and other full-link business scenarios in the future. ② Small and medium-sized Insurance Institutions have relatively limited human and technical resources, and the DeepSeek model offers a high cost-performance ratio. Users can utilize more advanced AI technology to be more competitive in a data-driven market.
Citigroup: Gives a "buy" rating to aia with a target price of 99 Hong Kong dollars.
Citi released a Research Report stating that it has set a Target Price of HKD 99 for AIA (01299), with a rating of "Buy". It is reported that AIA will release its 2024 results in mid-March, and the bank predicts that last year's performance will continue to show strong resilience, with the new business value (VoNB) expected to grow by 18% and 19% year-on-year based on Actual Exchange Rates (AER) and Constant Exchange Rates (CER) respectively, reaching USD 4.8 billion. The bank mentioned that the VoNB for the fourth quarter is estimated to grow by 15% year-on-year based on AER, which is a slowdown compared to the 17% growth in the third quarter. Among these, the VoNB in mainland China is expected to grow year-on-year based on AER.
【Special Contributor】Option Jack: How far can this wave of rising in Hong Kong stocks go?
Gold Woo Financial News | Since the low of 18,671 points on January 13, the Hang Seng Index has risen by 19%, and the market is describing it as entering a 'technical bull market.' Although it is believed that a bull market does not occur during a downturn cycle, this is still viewed as an important upward wave. Looking at the multiple upward waves over the past four years, such as the lift of over 8,000 points from the low in November 2022, and the upward wave from September to October 7 last year, which gained over 6,000 points, this upward wave has also increased by more than 3,600 points so far. With this level reached, it can be said that fluctuations are significant, and a correction wave could destroy many Hold Positions.
Trending Stocks Today: ALI HEALTH Shoots up 20%
The U.S. dollar deposit interest rates have "plummeted from high levels," leading to a trend of funds moving to Hong Kong to increase allocation to high-yield U.S. dollar Assets, making Hong Kong insurance products favored.
① Due to Hong Kong's current implementation of the "linked exchange rate system" which is fixed to the USD, domestic dollar deposit interest rates have been lowered, but Hong Kong is not affected. ② For a long-term economic cycle with market interest rates in a downward environment, the capital gains potential is limited, and Asset allocation focuses more on the long term.
Hong Kong stock market news for February 13: The central bank will issue two phases of a total of 60 billion yuan notes in Hong Kong. The new generation of Horizon's intelligent driving chip has landed at BYD's Tian Shenyang.
① The Horizon Journey 6 chip has been globally launched at BYD's Tian Shen Zhi Yan. ② COSCO SHIP ENGY plans to invest approximately 3.496 billion yuan to build 6 oil tankers. ③ The central bank will issue two tranches of a total of 60 billion yuan in Hong Kong. ④ Trump has voiced the demand to lower interest rates.
Gelonghui announcement highlights (Hong Kong stocks) | SUNNY OPTICAL (02382.HK) earnings surprise: It is expected that the annual net profit will increase significantly by 140% to 150%.
【Today's Focus】SUNNY OPTICAL (02382.HK) profit warning: expected annual net profit to increase significantly by 140% to 150%. SUNNY OPTICAL (02382.HK) announced that the group anticipates a net profit attributable to Shareholders of approximately RMB 2.6386 billion to RMB 2.7485 billion for the year ending December 31, 2024, an increase of approximately 140.0% to 150.0% compared to around RMB 1.0994 billion for the year ended December 31, 2023. The Board of Directors believes that the expected increase is mainly due to the following reasons: 1. The recovery of the Smart Phone market.
AIA Group Repurchases Shares Worth $12 Billion