招银证券7月17日发布公告。Valuation:The stock is trading at FY24E 0.48x P/EVand0.70xP/B, implying adividend yield of 8.0% and FY24E ROE at 13.2%. The stock price dipped 5.41%on16Jul after the CB announcement. We expectthefluctuation to be short-term,given limited equity dilutive impact and potential use of proceeds for capitalinjection to core subsidiaries, i.e. Ping An Life, with relatively low financing costs.We maintain BUY with TP unchanged at HK$52.0, implying FY24E 1.0x P/EV.
关注同花顺财经(ths518),获取更多机会
精彩评论