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<Research>M Stanley Rates BOC HONG KONG as Underweight; 1Q26 Results Mixed
Recommend 4 Positive 5 Negative 6 |
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BOC HONG KONG (02388.HK) delivered mixed results for 1Q26, Morgan Stanley said in its research report. During the period, BOC HONG KONG's NIM fell by 12 bps QoQ, in line with expectations, while loans beat forecasts with a QoQ increase of 3%, but a QoQ contraction in deposits led to worse-than-expected net interest income. Morgan Stanley kept an Underweight rating on BOC HONG KONG, alongside a target price of HKD39.9. Auto-translated by AI AASTOCKS Financial News |
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