Latest Search
Quote
Back Zoom + Zoom - | |
<Research>BOCI Cuts ICBC (01398.HK) TP to $6.25; Interim NP in Line
Recommend 29 Positive 40 Negative 32 |
|
ICBC (01398.HK) logged a YoY decrease of 1.9% in 1H net profit, broadly in line with the broker's expectations, according to a report released by BOCI. According to the report, ICBC's asset quality remained solid in 1H24, with the net interest margin standing at 1.43%, down 18 bps from the end of 2023. BOCI lowered the TP for ICBC's H-shares to $6.25 and maintained a Buy rating. AAStocks Financial News |
|