04:16
On June 3, Goldman Sachs released a report pointing out that AIA Group Limited (02378.HK) still has room to increase shareholder returns this year, mainly from existing cash on hand. The bank has lowered its new business profit expectations for AIA Group for the fiscal years 2024 to 2026 by 7% to 8%, adjusted its operating profit forecast, and raised its net profit forecast for the fiscal year 2024 by 15%. The rating is buy, with a slightly lowered target price of HK$159.
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