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<Research>CLSA Ratings, TPs on Mainland CN/ HK Financials (Table)
Recommend
48
Positive
70
Negative
25
Shares | Ratings | Target prices (HK$)

Chinese Banks
CCB(00939.HK) | Outperform | 6.2 -> 10.4
BANKCOMM(03328.HK) | Outperform | 7.5 -> 9.2
PSBC(01658.HK) | Outperform | 5.1 -> 6.7
CM BANK(03968.HK) | Outperform | 48.9 -> 68

Related NewsG Sachs: 6 Key SOE CN Banks' 3Q Results In Line; TP Added by 1% on Avg.
Insurers
AIA(01299.HK) | Outperform | 90 -> 110
PRU(02378.HK) | Outperform | 90 -> 135
CHINA LIFE(02628.HK) | Hold -> Outperform | 14.1 -> 33
PING AN(02318.HK) | Outperform | 61.5 -> 71
CPIC(02601.HK) | Hold | 24.6 -> 35
NCI(01336.HK) | Hold | 23.2 -> 50
PICC GROUP(01339.HK) | Outperform | 5.3 -> 9.6
CHINA TAIPING(00966.HK) | Outperform | 17.5 -> 22.2
PICC P&C(02328.HK) | Outperform | 15.2 -> 23.5

Fintech
Futu (FUTU.US) | High Conviction Outperform | US$133 → US$250
QFIN (QFIN.US) | Outperform | US$54 → US$32

Diversified Financials
HTSC(06886.HK) | Outperform | 14.5 -> 24.8
GF SEC(01776.HK) | Outperform | 12.8 -> 22.4
CGS(06881.HK) | Outperform | 7.5 -> 13.6
BOC AVIATION(02588.HK) | Outperform | 78 -> 93

Related NewsUBS Expects Mainland CN Negative Equity Residential Units to Rise to 3.3M by 2027, Leading to RMB232B Loan Losses for Banks

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