According to the Securities Times app, Lyon released a research report stating that cm bank (03968) has been rated as "outperforming the market", believing that operating expenses will not continue to record a 10% year-on-year decline. As for its third-quarter performance, it is also expected to increase profits for the full year of 2024, hence setting its target price at 43.2 Hong Kong dollars.

The bank stated that cm bank's performance in the third quarter of this year roughly meets expectations. In this regard, revenue fell by 2.6% year-on-year, lower than the bank's expected 0.1%; pre-provision profit (PPoP) increased by 1.6% year-on-year, better than the bank's expectation; net income increased by 0.8% year-on-year, in line with the bank's expectation.