BOCOM International has raised its earnings forecasts for China Taiping due to a projected 220.9% increase in net profit attributable to shareholders in 2025, driven by progress in core business transformations and a strong dividend yield. The broker anticipates steady growth in the insurance business and an increase in the value of new business to approximately HKD10.6 billion by 2026, leading to a target price increase to HKD26.5 and a maintained Buy rating.
