Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>Citi Lifts TPs for Life Insurers, Prefers Leaders Like CHINA LIFE/ PING AN; CN Life Insurance Sector Expected to Enter Golden Era This Yr
Recommend 35 Positive 72 Negative 36 |
||||
|
||||
|
Citi has published a report projecting that the life insurance industry will embrace a historic opportunity for wealth reallocation in 2026, as retail investors seek higher reinvestment returns for a large volume of maturing bank deposits. The broker has raised its target prices for life insurers, details of which are available in a separate table. In Citi's 2026 forecast, a K-shaped growth divergence between leading and smaller insurers will occur amid ongoing regulatory tightening, a reason behind the broker's preference for industry leaders like CHINA LIFE (02628.HK) and PING AN (02318.HK). Given that the massive bank deposits made after 2021 (estimated to exceed RMB70 trillion) begin to mature and retail investors are facing a low-interest-rate environment for reinvestment, Citi also believes that the Chinese life insurance industry is entering a golden era this year. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
