The Zhitong Finance App learned that Goldman Sachs released a research report saying that Prudential (02378) was given a “buy” rating and included in the “buy with confidence” list, with a target price of HK$185. Many of the adverse factors that the company experienced in the first half of last year still exist. It is expected that the company's new business profit will fall 14% year on year in the second half of last year, while the intrinsic value of life insurance will decrease by 2% compared to the first half of last year.

The bank believes that most investors have reflected these adverse factors in the price, and since the recovery in mainland traveller (MCV) sales in Hong Kong has had a greater impact on the company, they are concerned about management's views on the recovery in the first two months of this year. Although a new executive director has taken office, it is expected that there will be no major strategic updates at present. At the same time, it believes that new business profit growth in the mainland business may achieve double-digit growth.