Morgan cut the life rating to sync with the market to maintain the target price of 20

Morgan: cut the life rating to sync with the market to maintain the target price of 20 yuan a thousand thousand shares hot column capital flows on stock diagnosis the latest rating simulated trading client sina finance App: Live on-line blogger to tutor Sina Hong Kong APP: real time market exclusive reference stocks also worth the investment? What’s the problem? Where is the future of the way out? Sina launched the "Hong Kong Hong Kong stocks as well as unattractive" discussion, with a rational and constructive attitude, welcome attention to Hong Kong stocks, concern of the capital market, Hong Kong stocks together for suggestions, seek the Hong Kong stock market tomorrow. Please to hkstock_biz@sina. Morgan Stanley issued a research report that China Life (02628.HK) in the first half of this year growth record, but the cost is high, the company changed its product strategy and business model in the past 18 months, its risk return worse rating from overweight to sync with the market, maintain target price of 20 yuan. The line refers to the life of the cost of debt remained at 2.58%, but due to the growth of the sales team, which makes it weaker, short-term product strategy and the cost of debt fears, to estimate the minimum guaranteed rate of return product growth will be higher than the market expected, but regulatory policies or help to slow down the deterioration. The bank also said that a strong capital and balance sheet past investors prefer country life, 07 years since the company listed A shares has not through equity financing, and dividend 80 billion yuan to shareholders, also have the ability to maintain its solvency ratio. But by the end of 2015, the bank’s core capital adequacy ratio is estimated to only 8%, raising 10 billion yuan to reach the industry average level of 9%, the bank will have the opportunity to report into the life, then pay 100 percentage points lower than may. Enter the Sina financial stocks] discussion相关的主题文章: