Citibank released a research report stating that the “buy” rating for BOCHK (02388.HK) generally maintained the earnings forecast for FY2024, but raised the forecast for FY2025 by 2% to reflect rising forward exchange rates and higher-than-expected costs for the fourth quarter of FY2023. However, rising credit costs partially offset this impact, and the target price was lowered from HK$25.1 to HK$25.
花旗：予中银香港(02388.HK)“买入”评级 目标价降至25港元
Citibank: Target price for BOCHK (02388.HK) “Buy” rating reduced to HK$25
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