星展:升中国财险(02328.HK)目标价19港元 维持“持有”评级

智通财经
Sep 01, 2025
【星展:升中国财险(02328.HK)目标价19港元 维持“持有”评级】智通财经APP获悉,星展发布研报称,中国财险(02328.HK)上半年综合成本率(COR)进一步改善至94.8%,主要受惠于车险成本率提升2.2个百分点,表现好过预期。期内净利润达245亿元人民币,同比增长32.3%,亦好过市场预期,主要由于承保利润改善及投资收入稳健增长。账面价值较去年下半年增长8%,受益于金融资产增加11%,且股市表现良好。该行将财险2026及27年盈利预测上调7%及8%,目标价由15.4港元上调至19港元。维持“持有”评级,因当前估值仍偏高。

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