Glonghui, April 30 | Bank of America Securities released a report. Bank of China Hong Kong's profit for the first quarter was strong. As the Federal Reserve may delay interest rate cuts, it is expected that the bank will continue to enjoy relatively high net interest spreads and return on equity in the coming quarters. Bank of America Securities maintained its “buy” rating for BOCHK, keeping its profit forecast and target price of HK$28.8 unchanged. According to the report, the asset quality of BOCHK is stable, and credit costs are expected to decrease year-on-year in the 2024 fiscal year. However, the commercial real estate market in the Mainland and Hong Kong is still one of the risks to pay attention to.
大行评级｜美银：维持中银香港“买入”评级 目标价28.8港元
Bank of America Ratings | Bank of America: Maintaining BOCHK's “Buy” Rating Target Price of HK$28.8
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Investment Course
Choose stocks based on financial reports
Quickly master financial season learning guidelines
When the financial season comes, company stock prices are the most likely to rise and fall, and many excellent investors will see the financial season as a good
In 【2024.11】, surged more than 0.04 million times, achieving the title of stock god Buffett! How do you view Berkshire's performance?
When it comes to legendary figures in the investment world, the name of Warren Buffett, the helm of Berkshire Hathaway, is definitely unavoidable. $Berkshire Ha
【November 2024】Has disney's predicament turned around? Pay attention to these 3 performance signals.
As the entertainment kingdom for nearly a century, Disney's status in Hollywood has gained prominence. Over 60 years of listing on the U.S. stock market, Disney