New China Life (1336.HK): Profit Alert: 1H26E Earnings up40-60% YoY Backed by Quality Biz and Decent Inv’t; 2Q26E up59-93% YoY-20260713
Flash | Profit Alert: 1H26E Earnings up 40~60% YoY Backed by Quality Biz and Decent Inv't; 2Q26E up 59~93% YoY CITI'S TAKE New China Life (NCI) issued a profit alert, estimating 1H26E net profits to rise by 40~60% yoy to Rmb20.7bn~Rmb23.7bn (vs. 1Q26's Rmb6.5bn or +11% yoy growth), primarily thanks to high-quality life business development and decent investment return. For 2Q26E, the implied net profit would range from Rmb14.2bn to Rmb17.2bn, rising by 59~93% yoy. 1H26E earnings surged 40~60% yoy… – NCI est ...