星展:维持中国人寿(02628.HK)目标价26港元 重申“买入”评级

智通财经
Sep 01, 2025
【星展:维持中国人寿(02628.HK)目标价26港元 重申“买入”评级】智通财经APP获悉,星展发布研报称,中国人寿(02628.HK)上半年新业务价值(VNB)同比增长20%,符合预期,主要由于银行渠道同比增长179%及代理人渠道增长9.5%。由于利率波动影响,新业务合约服务边际(CSM)同比下降31%,但受益于营运差异改善,CSM余额则同比上升1.6%。另外,公司宣派中期息每股0.238元人民币,同比增长19%,为正面惊喜。该行维持国寿盈利预测及目标价26港元不变,重申“买入”评级。

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