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The Zhitong Finance App learned that CMB International released a research report saying that China Financial Insurance (02328.HK) 2026 Investor Day confirmed that the “15th Five-Year Plan” planning period (2026 to 2030) turned the scale of personal non-car insurance and underwriting profits into the second growth curve. The bank maintained a “buy” rating and extended the valuation benchmark to 2027 forecast. The target price was raised from HK$20 to HK$21, which is equivalent to 1.3 times the 2027 market account rate, which is 19.8% higher than yesterday's closing price.
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The Zhitong Finance App learned that CMB International released a research report saying that China Financial Insurance (02328.HK) 2026 Investor Day confirmed that the “15th Five-Year Plan” planning period (2026 to 2030) turned the scale of personal non-car insurance and underwriting profits into the second growth curve. The bank maintained a “buy” rating and extended the valuation benchmark to 2027 forecast. The target price was raised from HK$20 to HK$21, which is equivalent to 1.3 times the 2027 market account rate, which is 19.8% higher than yesterday's closing price.
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