【中信证券:预计2025年保险股继续体现强贝塔属性】 中信证券研报表示,低利率是影响保险公司表现的主要因素。低利率带来负债端相对优势,促进银保洗牌,带来头部公司保单量价提升;低利率带来资产端配置压力,重视权益投资,提升业绩弹性。预计2025年保险股风格和2024年类似,呈现强贝塔属性。建议按1倍PB以下或者过去三年历史PB下限寻找配置机会,以获得高性价比的贝塔绝对回报潜力。

金融界
27 Jan
中信证券研报表示,低利率是影响保险公司表现的主要因素。低利率带来负债端相对优势,促进银保洗牌,带来头部公司保单量价提升;低利率带来资产端配置压力,重视权益投资,提升业绩弹性。预计2025年保险股风格和2024年类似,呈现强贝塔属性。建议按1倍PB以下或者过去三年历史PB下限寻找配置机会,以获得高性价比的贝塔绝对回报潜力。

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