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<Research>Citi Opens Positive Catalyst Watch on CHINA LIFE (02628.HK) w/ TP $40
Recommend
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Positive
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Negative
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CHINA LIFE (02628.HK) opened a positive catalyst watch, as it is expected to deliver comprehensive FY2025 results and report strong new business value growth in 1Q26, Citi Research issued a research report saying.

In addition, the broker estimated CHINA LIFE's management to provide more positive information regarding its 1Q26 new business value growth trend and long-term dividend policy at the FY025 results briefing.

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Therefore, the broker rated CHINA LIFE at Buy, with a target price of $40, expressing optimism about CHINA LIFE's renowned brand, extensive offline distribution network and its revitalization reform initiatives.
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