Citi released a research report listing the investment rating and target prices for China mainland banking shares as follows:

Stock | Investment Rating | Target Price (HKD)

Industrial and Commercial Bank of China (01398.HK) | Buy | $5.71

China Construction Bank Corporation (00939.HK) | Buy | $7.26

Bank of China (03988.HK) | Buy | $4.52

Agricultural Bank of China (01288.HK) | Buy | $4.21

Postal Savings Bank of China (01658.HK) | Buy | $5.42

Bank of Communications (03328.HK) | Buy | $6.79

CM Bank (03968.HK) | Buy | 38.58 yuan

Minsheng Bank (01988.HK) | Buy | 3.73 yuan

China CITIC Bank Corporation (00998.HK) | Buy | 5.34 yuan

China Everbright Bank (06818.HK) | Buy | 2.97 yuan

CQRC Bank (03618.HK) | Buy | 4.73 yuan

Huishang Bank (03698.HK) | Sell | 1.85 yuan