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<Research>DBS Drops CM BANK's TP to HKD53.5; Rating Kept Buy
CM BANK (03968.HK) delivered in-line results for 1H25, with net profit rising by 0.3% YoY and revenue falling by 1.7%, DBS wrote in its research report.Although CM BANK's wealt...
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<Research>DBS Drops CM BANK's TP to HKD53.5; Rating Kept Buy
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SHORT SELL
 
STOCK INFO

CM BANK (03968.HK)  +0.760 (+1.614%)    Short selling $111.66M; Ratio 24.583%   delivered in-line results for 1H25, with net profit rising by 0.3% YoY and revenue falling by 1.7%, DBS wrote in its research report.

Although CM BANK's wealth management business showed robust growth, its overall fee income decreased by 1.9% YoY, with a significant drop in bank card fee income.

Related NewsHSBC Global Research Ratings, TPs on CN Banks (Table)
DBS reiterated a Buy rating for CM BANK but cut its target price from HKD56.5 to HKD53.5.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-09-09 16:25.)

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