J.P. Morgan released a research report, listing the investment ratings and Target Prices for China Mainland Banking stocks as follows:

Stock | Investment Rating | Target Price (HKD)

Agricultural Bank Of China (01288.HK) | Shareholding | 4.25 yuan -> 4.8 yuan

Bank Of China (03988.HK) | Neutral | 3.7 yuan -> 3.8 yuan

China CITIC Bank Corporation (00998.HK) | Neutral -> Shareholding | 4.8 yuan -> 6.25 yuan

China Construction Bank Corporation (00939.HK) | Shareholding | 6.75 yuan -> 6.9 yuan

Industrial And Commercial Bank Of China (01398.HK) | Neutral -> Shareholding | 5.1 yuan -> 5.8 yuan

CM BANK (03968.HK) | Shareholding | 58 yuan -> 53 yuan

MINSHENG BANK (01988.HK) | Neutral | 3.2 yuan -> 3.1 yuan

Postal Savings Bank Of China (01658.HK) | Shareholding | 5.8 yuan -> 5.5 yuan