核心观点1)券商方面,本周部分券商披露业绩快报,中报业绩预计随市高增,看好后续配置价值;另外保险方面,预期价值率提升继续驱动新业务价值高增;资产端权益市场延续上涨,预期投资收益及利润增长表现较好。当前估值隐含市场对长期投资的悲观假设,考虑中远期利差水平,当前估值仍然安全,看好集中度和负债成本改善。2)从盈利和分红的稳定性维度出发,我们持续推荐盈利增速和分红率稳定的江苏金租,分红稳定且股息率维持高位...
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