Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
06060 ZA ONLINE
RTNominal down12.500 -0.220 (-1.730%)
Others

06/05/2021 17:33

{I-bank focus}UBS lifts ZA Online (06060) to HK$48.2

[ET Net News Agency, 6 May 2021] UBS Global Research lifted its target price for Zhong
An Online P&C Insurance (06060) to HK$48.2 from HK$39 and maintained its "neutral" rating
as its growth prospect is well priced in.
The research house believes the newly implemented regulations on short-term health
insurance could help improve the competitive landscape for Zhong An. UBS expects 2021-23
gross written premium (GWP) CAGR of 24%, mainly driven by health and digital lifestyle
ecosystems. It forecasted a combined ratio of 103.5% for 2021 and improving to 98.9% in
2022, partly on easing competition on channel fee.
However, UBS believes Zhong An remains reliant on third-party partners and content
platforms (e.g. Douyin) for client acquisition, while conversion to direct sales has been
slightly behind our expectations. (KL)

Remark: Real time quote last updated: 28/03/2024 18:00
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.