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 of Commerce | 3328.HK | Neutral | 4.7 | |
| Citic Bank | 998.HK | Neutral | 3.65 | Portfolio Stock |
| Minsheng Bank | 1988.HK | Neutral | 2.65 | |
| CQRC Bank | 3618.HK | Neutral | 3.26 | Portfolio Stock |
| Huishang Bank | 3698.HK | Sell | 2.03 |
Summary Table: Ratings and Target Prices for China Banks (H-Share) by UBS
Source: AASTOCKS
Compared to Citibank, UBS seems to have a more neutral view of the H-shares of the mainland China Banks, having bestowed “BUY” rating on only 2 banks, “Neutral” rating on 8 banks and 1 “Sell” rating.