According to a research report released by Morgan Stanley on April 26, the management of Bank of China (3988.HK) is optimistic about asset quality and fee income, and expects strategic growth opportunities in the Greater Bay area, which has a leading market share, but downward pressure on banks' return on equity may persist. Morgan Morgan gave Bank of China H shares a target price of HK $3.6, rated as overweight. The stock is now trading at HK $3.08, with a total market capitalization of HK $906.714 billion.
大摩：予中国银行3.6港元目标价 评级增持
Morgan Stanley: give Bank of China a target price rating of HK $3.6 to increase its holdings
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