[ET Net News Agency, 15 July 2021] Daiwa lowered its target price for CPIC (02601) to
HK$42 from HK$50 and maintained its "buy" rating.
The research house said despite VNB underperformance in the past two years, it sees
CPIC's agency team as having a good foundation and capable of delivering a VNB rebound
given a proper strategy and incentives. (RC)