[ET Net News Agency, 27 April 2021] Daiwa raised its target price for AIA (01299) to
HK$128 from HK$125 and maintained its "buy" rating.
The research house said it sees the acquisition of BEA Life as a supplement to AIA's
distribution partnership. In both Hong Kong and the Greater Bay Area, it sees little
overlap between BEA's and Citibank's bancassurance customers. (RC)