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| HSI1 | 21,971.96 | -8.78 | 169.03B |
| HSCEI1 | 8,080.19 | -0.35 | 62.45B |
| Back Zoom + Zoom - Block Traded | |
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2025-04-28 11:01:39 Falling deposit costs, combined with robust wealth management and corporate activity, will drive up fee income growth, which is expected to help Hong Kong banks deliver solid 1Q25 results, according to a Morgan Stanley report. In light of ongoing risks in the macroeconomic outlook, Morgan Stanley estimated that investors may currently be more focused on the prospects for the remaining three quarters of this year. Hong Kong banks are projected to face income pressure going forward, mainly due to a worsening interest rate outlook and a slowdown in wealth management and corporate activity that could impact fee income. Morgan Stanley kept an Overweight rating on the H-shares of both HSBC HOLDINGS (00005.HK) and STANCHART (02888.HK), but lowered HSBC HOLDINGS's target price from $92.3 to $83 and STANCHART's from $128.3 to $112. ~ AAStocks Financial News Web Site: www.aastocks.com | |