News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>UBS: PSBC 1Q PPOP in Line; Neutral Mkt Reaction Expected
According to a report from UBS, PSBC (01658.HK)'s 1QFY25 net profit after tax fell by 2.6% YoY, lagging behind that of the Big-4 banks, mainly due to a sharp rebound in impairm...
Reset
Send
The window will close in 5 seconds
<Research>UBS: PSBC 1Q PPOP in Line; Neutral Mkt Reaction Expected
Close
Recommend
4
Positive
7
Negative
4
 
SHORT SELL
 
STOCK INFO

According to a report from UBS, PSBC (01658.HK)  +0.020 (+0.362%)    Short selling $36.78M; Ratio 19.056%   's 1QFY25 net profit after tax fell by 2.6% YoY, lagging behind that of the Big-4 banks, mainly due to a sharp rebound in impairment charge.

The bank's pre-provision operating profit (PPOP) also grew by 6.2% YoY, broadly in line with UBS' forecasts. The broker expected that the bank's credit costs could rise to 47 bps in 1Q.

UBS estimated the market's reaction to PSBC's 1Q results to be neutral. It set its target price for the bank's H-shares at $4.5, with a Neutral rating.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-04 16:25.)

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.