[ET Net News Agency, 27 November 2020] Daiwa raised its target price for China Taiping
Insurance Holdings (00966) to HK$19 from HK$17 and maintained its "buy" rating.
The research house expects Taiping's core life business to embark on a sustainable and
steady growth trajectory from 2021 under a more pragmatic, professional and
market-oriented management team.
It expects Taiping Life to put its weak performance of the past 2 years behind and
embark on a sustainable and steady growth trajectory from 2021 onwards under its new group
leadership. (RC)