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BOCI Rates CCB as Buy, Lifts TP to HKD11.28
2026-04-01 12:18:04
CCB (00939.HK) saw a YoY increase of 2.2% in net profit attributable to shareholders for 4Q25, compared to a 0.6% YoY increase for 1-3Q25, according to BOCI's research report.

Asset quality continued to improve in 4Q25, with the non-performing loan ratio dropping to 1.31% by the end of December, compared to 1.32% at the end of September 2025.

Considering CCB's current valuation attractive, BOCI has raised its target price for the bank from HKD10.44 to HKD11.28 and kept the Buy rating unchanged.
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