UBS released a report. China Taibao predicts that net profit for the first three quarters will increase by 60%-70% to 370-39 billion yuan, exceeding market expectations, and benefiting from a sharp rebound in stock market investment income. Meanwhile, the company's net profit for the third quarter will reach a record high of 12 billion to 14 billion yuan. The market is expected to raise the company's net profit forecast for the full year. UBS said that assuming that the stock market remains stable in the future, China Taibao's net profit growth in the fourth quarter is expected to slow. It is believed that this year's dividend per share will be 1.04 yuan, and the dividend yield will be 4%. UBS maintained China Taibao's “buy” rating, and the target price was raised from HK$24 to HK$33.

UBS released a report. China Taibao predicts that net profit for the first three quarters will increase by 60%-70% to 370-39 billion yuan, exceeding market expectations, and benefiting from a sharp rebound in stock market investment income. Meanwhile, the company's net profit for the third quarter will reach a record high of 12 billion to 14 billion yuan. The market is expected to raise the company's net profit forecast for the full year. UBS said that assuming that the stock market remains stable in the future, China Taibao's net profit growth in the fourth quarter is expected to slow. It is believed that this year's dividend per share will be 1.04 yuan, and the dividend yield will be 4%. UBS maintained China Taibao's “buy” rating, and the target price was raised from HK$24 to HK$33.