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>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 ...
Reset
Send
The window will close in 5 seconds
<Research>M Stanley Believes ICBC (01398.HK) Shr Price Likely to Rise in Next 60 Days
Close
Recommend
15
Positive
24
Negative
6
 
SHORT SELL
 
STOCK INFO

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.

Related NewsCICC Lists HK Stocks w/ Largest Increases in Southbound Capital Inflows YTD (Table)
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.)

AAStocks Financial News
Website: www.aastocks.com
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.