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<Research>JPM: BANK OF CHINA (03988.HK) Rated at Overweight w/ TP $5.8 as Quarterly Results Mildly Beat
BANK OF CHINA (03988.HK)'s 1Q26 revenue grew 8% YoY and net profit rose 4% YoY, exceeding JPMorgan's forecasts by 4%/ 1% respectively, JPMorgan released a research report s...
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<Research>JPM: BANK OF CHINA (03988.HK) Rated at Overweight w/ TP $5.8 as Quarterly Results Mildly Beat
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BANK OF CHINA (03988.HK)  +0.060 (+1.143%)    Short selling $223.94M; Ratio 25.528%   's 1Q26 revenue grew 8% YoY and net profit rose 4% YoY, exceeding JPMorgan's forecasts by 4%/ 1% respectively, JPMorgan released a research report saying.

The results were supported by better-than-expected net interest margin performance, as well as comprehensive growth in both net interest income and non-interest income. Pre-provision operating profit (PPOP) was 4% above the broker's estimation.

Therefore, JPMorgan reiterated rating at Overweight on BANK OF CHINA, with a target price of $5.8.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-05 16:25.)

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