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01299 AIA
RTNominal down81.300 -1.550 (-1.871%)
Research Report

10/06/2021 17:24

{I-bank focus}Nomura lowers AIA (01299) to HK$93.29

[ET Net News Agency, 10 June 2021] Nomura lowered its target price for AIA (01299) to
HK$93.29 from HK$93.41 and maintained its "neutral" rating.
The research house said for the Hong Kong market, it expects onshore business to
continue its strong recovery momentum (1Q21 double-digit VONB growth), but the offshore
business is not likely to substantially improve in FY21F against the backdrop of
HK-Mainland cross boarder travel restrictions, even though the robust growth in the Macau
branch may alleviate some of the pressure. (RC)

Remark: Real time quote last updated: 03/12/2021 18:00
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