[ET Net News Agency, 29 May 2025] HSBC Global Research raised the target price for BOC Hong Kong (02388) to HKD38.1 from HKD36.1 and maintained the "buy" rating.
The research house said the lower HIBOR environment will likely have a short-term but material impact on BOCHK's net interest income; but the lower HIBOR also reflects the broader market's inflow and confidence in the Hong Kong banking system and capital market. (rc)
The research house said the lower HIBOR environment will likely have a short-term but material impact on BOCHK's net interest income; but the lower HIBOR also reflects the broader market's inflow and confidence in the Hong Kong banking system and capital market. (rc)