jvs88slot| Citi: Lower China Life's target price to HK$15.6 and lower earnings per share
Citigroup releases reportjvs88slot, at China Life Insurance (2628jvs88slotAfter announcing its quarterly results, it lowered its earnings per share forecasts for the fiscal years 2024 to 2026 by 6%, 5% and 5% respectively to reflect the downward revision of the group's investment income estimates due to fluctuations in the capital market.
Citigroup lowered its target price of China Life from HK$16 to HK$15.6 and maintained its "buy" rating on H-shares to reflect the group's relatively prudent underwriting, the stability of its management team, and the attractive valuation.
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