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<Research>M Stanley Believes ICBC (01398.HK) Shr Price Likely to Rise in Next 60 Days
Morgan Stanley released a research report believing that ICBC (01398.HK)'s share price will rise in absolute terms over the next 60 days, and estimating the probability of the ...
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<Research>M Stanley Believes ICBC (01398.HK) Shr Price Likely to Rise in Next 60 Days
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15
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25
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8
 
SHORT SELL
 
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Morgan Stanley released a research report believing that ICBC (01398.HK)  +0.070 (+1.243%)    Short selling $259.78M; Ratio 25.375%   's share price will rise in absolute terms over the next 60 days, and estimating the probability of the scenario to be around 60-70% (or “likely”). Therefore, the broker rated ICBC at Overweight, with a target price of $6.9.

Morgan Stanley predicted that the higher-than-expected reduction in deposit rates will support net interest margin (NIM), offsetting the negative impact from the modest LPR cut.

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The clear shift in policy direction to support banks' NIM, along with more rational credit growth and a more stable interest rate environment, should help stabilize NIM and even drive a gradual rebound in NIM. The broker saw attractive return opportunities of ICBC, with a dividend yield of 6.2%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-22 16:25.)

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