【JPMorgan Chase: Downgrade the ratings of various domestic insurance stocks and overweightChina Ping An] JPMorgan Chase issued a research report, pointing out that exceptChina Ping AnIn addition to maintaining the overweight rating, the investment ratings of a number of domestic insurance stocks were downgraded. The bank suggested that other life insurance stocks should mobilize funds and collect them while Ping An's share price is weak. According to the report, mainland insurance stocks appear vulnerable when macro and policy uncertainty increases, and it is expected that the market will be at least in the next six monthsAssetsRisk concerns will overshadow business trends. Long-term investors can consider this opportunity, but the lack of catalysts until the first quarter of next year makes the bank cautious. The bank lowered the target price of domestic insurance stocks by an average of 40%, which willChina Life Insurance、China Pacific Insurance, PICC Group's rating was lowered from overweight to neutral,New China InsuranceThe rating was downgraded from neutral to underweight.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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