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<Research>UBS Rates BOC HONG KONG as Neutral, Estimates Dull Results for 1Q26
Recommend 6 Positive 10 Negative 10 |
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Set to announce its 1Q26 results on April 29, BOC HONG KONG (02388.HK) is expected to report soft trends for its revenue and pre-provision operating profit (PPOP), while its operating profit may see a mild YoY decline of 1%, UBS wrote in its research report. UBS attributed the expected dull performance to weak net fee income, mark-to-market (MTM) losses on trading assets, and a high comparison base in 1Q25. The broker has kept a Neutral rating for BOC HONG KONG, with a target price of HKD43.5. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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