No Data
Da Hua Ji Xian: The mid-term profit of the domestic banks roughly meets expectations. The first selected bank is cm bank (03968).
Da Hua continued to give China Merchants Bank a "buy" rating, with a target price of HK$42.
UBS Group's investment rating and target price for China Mainland Banking stocks (Table)
UBS Group released a research report, the investment rating and target price of China Mainland Banking are as follows:
Hong Kong stock market moves | China mainland banking maintains strong momentum in the afternoon, with Industrial and Commercial Bank of China rising more than 2%.
格隆汇September 17th | CM Bank, Postal Savings Bank of China, Industrial and Commercial Bank of China, Bank of China all rose more than 2%.
UBS Group expects lower dividends per share for china mainland banking stocks, with China Construction Bank, Bank of China, Agricultural Bank of China, and Industrial and Commercial Bank of China having defensive characteristics.
UBS Group released a report stating that the MSCI Chinese banks index fell by 4.6% in the past month, underperforming the MSCI China index (down 2.6%). Among the H-shares covered by the bank, Minsheng Bank (01988.HK) performed the best (down 0.7%), while CM Bank (03968.HK) lagged behind (down 10.5%). Mainland institutional investors' holdings (Northbound capital) in H-shares of Chinese banks accounted for 28.2% of the free float, increasing by 48 basis points monthly, with Agricultural Bank of China (01288.HK) showing the largest increase in holding value (up 7.2%), and Bank of Communications (03328.HK) experiencing the largest decline (down 4.
Hot Spot | CM Bank rose more than 3%, leading the gains in china mainland banking. The high dividend allocation value of banks is still attractive.
China mainland banking stocks rose across the board, with CM Bank up 2.89% to HK$30.3; Postal Savings Bank of China up 1.94% to HK$4.21; Bank of China up 1.76% to HK$3.46; Bank of Communications up 1.89% to HK$5.39.
HK stocks rose more than 3%, leading the gains in china mainland banking. The value of high-dividend banking configuration is still attractive.
China mainland banking stocks generally rose. As of the time of writing, CM Bank (03968) rose 3.06% to HKD 30.35, Postal Savings Bank of China (01658) rose 2.18% to HKD 4.22, and Bank of China (03988) rose 1.76% to HKD 3.46.