Month: April 2024

ICBC, CCB, BOC and ABC plan to begin paying interim dividends in 2024

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Four of China’s largest state-owned banks: Industrial and Commercial Bank of China (ICBC), China Construction Bank (CCB), Bank of China (BOC) and Agricultural Bank of China (ABC), have recently announced plans to pay interim dividends (half-yearly) beginning in 2024.This move signals the intent and resolve of management to continuously enhance shareholder value through increased frequency … Read more

UBS Ratings and Target Price for China Banks (H-Share)

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April 18, 2024 Touzibozhu Broker Recommendations and Target Prices China Banks Stock Ticker Rating Target Price HK$ Remarks ABC 1288.HK Buy 3.45 Portfolio Stock Bank of China 3988.HK Buy 3.35 Portfolio Stock ICBC 1398.HK Neutral 3.8 Portfolio Stock CCB 939.HK Neutral 4.65 Portfolio Stock CM Bank 3968.HK Neutral 25.6 Portfolio Stock PSBC 1658.HK Neutral 3.55   Bank … Read more

Citibank’s Ratings and Target prices for China Banks (H-share)

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Broker Recommendations and Target Prices China Banks Stock Ticker Rating Target Price HK$ Remarks ICBC 1398.HK BUY 5.14 Portfolio Stock CCB 939.HK BUY 6.93 Portfolio Stock Bank of China 3988.HK BUY 4.21 Portfolio Stock ABC 1288.HK BUY 4.32 Portfolio Stock PSBC 1658.HK BUY 5.36   Bank of Commerce 3328.HK BUY 6.37   CM Bank 3968.HK BUY … Read more

HSBC lists their best “bottom-up” stock ideas on China Stocks listed in Hong Kong

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HSBC published their list of recommended stock ideas for China companies listed in Hong Kong. Stock Ticker Target Price HK$ 2023-2025E EPS CAGR Remarks China Mobile 941.HK 77.00 14% Portfolio Stock Meituan-W 3690.HK 165.00 47%   Sands China 1928.HK 33.00 66%   Galaxy Entertainment 27.HK 51.00 31%   CCB 939.HK 6.10 0% Portfolio Stock AIA … Read more

JP Morgan’s Ratings and Target Prices for Hong Kong Real Estate Developers

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Stocks Ticker Rating Target Price HK$ Remarks Henderson Land 12.HK Neutral 26.50   Swire Properties 1972.HK Neutral 18.00   Wharf REIC 1997.HK Neutral 22.00   CK Asset 1113.HK Neutral 32.00 Portfolio Stock Hang Lung Property 823.HK Neutral 8.00 Portfolio Stock Link Reit 823.HK Overweight 43.00 Portfolio Stock New World Development 17.HK Underweight 7.50   Summary … Read more

UBS list of preferred Hong Kong Stocks with strong fundamentals

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Below is UBS’s list of preferred Hong Kong stocks with strong fundamentals. UBS holds the opinion that these companies offer greater potential returns and trade at attractive valuations. Stock Ticker Remarks CKH Holdings 1.HK Portfolio Stock CK Asset 1113.HK Portfolio Stock Sino Land 83.HK Portfolio Stock Wharf REIC 1997.HK   PCCW 8.HK   HKT-SS 6823.HK … Read more

Broker Ratings and Target Prices for Bank of China (3988.HK)

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April 2, 2024 Touzibozhu Bank of China Broker Recommendations and Target Prices Broker Rating Target Price HK$ Huatai Securities Overweight 4.40 Citibank Buy 4.21 GF Securities Buy 3.91 CICC Outperform 3.90 JP Morgan Overweight 3.80 Bank of America Buy 3.80 HSBC Buy 3.50 Haitong International Outperform 3.39 UBS Buy 3.35 Nomura Neutral 3.23 Goldman Sachs Neutral 2.49 … Read more

Broker’s Ratings and Target Prices for China Construction Bank (0939.HK)

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Broker Rating Target Price HK$ BOCI BUY 8.23 CITI BUY 6.93 Bank of America BUY 6.85 CICC Outperform 6.77 JP Morgan Overweight 6.45 Morgan Stanley Overweight 6.40 Huatai Securities BUY 6.21 GF Securities BUY 6.16 HSBC BUY 6.10 CITIC Securities Overweight 6.00 Nomura BUY 5.93 Haitong Outperform 5.41 Goldman Sachs BUY 4.62 UBS Neutral 4.65 … Read more