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>Citi Upgrades BANK OF E ASIA to Buy, Raises TP to HKD16
BANK OF E ASIA (00023.HK) announced its latest strategic guidance during its results conference, aiming to raise its ROE target to 7% by 2028, compared to 3.1% in 2025, with market...
Reset
Send
The window will close in 5 seconds
<Research>Citi Upgrades BANK OF E ASIA to Buy, Raises TP to HKD16
Close
Recommend
13
Positive
4
Negative
8
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get NVDA share!

BANK OF E ASIA (00023.HK)  +0.060 (+0.447%)    Short selling $1.45M; Ratio 63.710%   announced its latest strategic guidance during its results conference, aiming to raise its ROE target to 7% by 2028, compared to 3.1% in 2025, with market expectations at 5.1%, Citi said in a research report.

Citi noted that BANK OF E ASIA's dividend target for 2028 is doubled from 2025 level, implying a DPS of approximately HKD1.2 by 2028. It forecast that ROE will reach 6% by then, which is lower than the management's target but still well above the market's general forecast of 5.1%.

Having been recently included in the Hang Seng Composite Index, BANK OF E ASIA could potentially be included in the Southbound Stock Connect in the future. Therefore, Citi upgraded BANK OF E ASIA from Neutral to Buy, raising the target price from HKD14.9 to HKD16.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 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.