Back    Zoom +    Zoom -
<Research>G Sachs Keeps Neutral on BOC HONG KONG (02388.HK), Raises TP to $38.3
Recommend
15
Positive
22
Negative
8
BOC HONG KONG (02388.HK) saw its operating profit for 2Q25 grow by 12% YoY to HKD13.7 billion, topping market and Goldman Sachs expectations by 22% and 24%, respectively, Goldman Sachs said in a research report. This growth was believed to be driven by an improvement in NIM, partially offset by miss in credit provisions.

For 1H25, BOCHK's EPS exceeded market and Goldman Sachs expectations by 6%, with an interim DPS of HKD0.58, meeting Goldman Sachs' expectations but 13% below the market consensus.

Related NewsBOC HONG KONG Interim NP Rises 10.5% to $22.152B; 2nd Interim DPS 29 Cents
The Neutral rating was maintained, with the target price raised from HKD35.1 to HKD38.3.
AASTOCKS Financial News
Website: www.aastocks.com