UBS Group released a research report, listing the investment rating and target price of China Mainland Banking as follows:

Stock | Investment Rating | Target Price (HKD)

Bank of China (03988.HK) | Buy | Target Price: 4.2 yuan

Agricultural Bank of China (01288.HK) | Buy | 4.25 Yuan

China Construction Bank Corporation (00939.HK) | Buy | HKD 6.5

CM Bank (03968.HK) | Buy | HKD 45.5

China CITIC Bank Corporation (00998.HK) | Buy | HKD 6.1

CQRC Bank (03618.HK) | Buy | 4.19 Yuan

Industrial and Commercial Bank of China (01398.HK) | Neutral | HKD 4.8

Postal Savings Bank of China (01658.HK) | Neutral | 4.5 yuan

Bank of Communications (03328.HK) | Neutral | 5.95 yuan

Minsheng Bank (01988.HK) | Neutral | HKD 2.65

Huishang Bank (03698.HK) | Sell | 2.06 yuan