Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>M Stanley Rates AIA (01299.HK) at Overweight as Healthy 1Q Results Help Consolidate Mkt Confidence
Recommend 12 Positive 13 Negative 7 |
||||
|
||||
|
AIA (01299.HK) recorded a 13% growth in value of new business (VNB) for 1Q26, ahead of the forecasts of Morgan Stanley and the market, Morgan Stanley released a research report saying. Of which, Hong Kong business VNB grew 21%, driven by growth in both local and mainland Chinese visitor segments. China business was the strongest, with VNB increasing 26% YoY. Thailand business fell 18% YoY, and VNB is expected to rebound strongly in 2Q26 after its base normalized. The broker believed that AIA's 1Q26 results were very healthy and should further reinforce market confidence in achieving mid-teens full-year growth. Therefore, Morgan Stanley rated AIA at Overweight, with a target price of $109. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
