J.P. Morgan Chase released a research report stating that the target price was raised from HK$39 to HK$44 while maintaining the China Merchants Bank (03968.HK) “plus” rating. The company's A share price has risen 27% since the beginning of the year, and H shares have risen 36%, outperforming the Shanghai and Shenzhen 300 Index and the MSCI China Index by 20 and 24 percentage points respectively.
小摩：维持招商银行(03968.HK)“增持”评级 目标价升至44港元
Xiaomo: Maintaining China Merchants Bank's (03968.HK) “Overweight” Rating and Raising the Target Price to HK$44
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