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| HSI1 | 23,393.32 | +98.90 | 204.84B |
| HSCEI1 | 7,906.11 | +43.89 | 74.19B |
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2026-11-02 12:24:38 Citi issued a research report stating that after updating its model following BOC HONG KONG (02388.HK)'s third-quarter results, it lowered its 2026 EPS forecast by 3%, mainly due to a 1% reduction in net interest income to reflect rising funding costs amid deposit competition, a 2% cut in fee income due to weaker market sentiment, and an increase in credit costs to 30 bps (previously 27 bps). The bank also lowered its 2027-2028 EPS forecasts by 1% to reflect reduced interest rate hike expectations and slower growth in fee income. The bank slightly lowered the TP from HKD57.9 to HKD56.5 and maintained the Buy rating. (ad/da)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |