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<Research>M Stanley Expects PING AN 3Q Operating Profit After Tax to Leap 8.1% YoY
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Morgan Stanley has issued a research report predicting that PING AN's (02318.HK) 3Q25 operating profit after tax will rise by 8.1% YoY. On the same basis, its growth rate for 9M25 is expected to increase to 5% on the back of a reduction in net losses from its asset management operations.

Driven by favorable stock market conditions and higher allocations, PING AN's 3Q25 net profit may also surge by 31% YoY, leading to a 6% YoY increase for 9M25.

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Morgan Stanley gave PING AN an Overweight rating and a target price of HKD70.
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