---
title: "In \"Major Banks,\" CICC raises the target price of Shengkang Holdings to 10 yuan and maintains the \"Outperform Industry\" rating"
description: "CICC raised the target price of CHINA EB LTD to 10 yuan, maintaining an \"outperform\" rating. The report pointed out that the company's net profit attributable to shareholders in the first half of the "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/256045309.md"
published_at: "2025-09-05T01:50:14.000Z"
---

# In "Major Banks," CICC raises the target price of Shengkang Holdings to 10 yuan and maintains the "Outperform Industry" rating

> CICC raised the target price of CHINA EB LTD to 10 yuan, maintaining an "outperform" rating. The report pointed out that the company's net profit attributable to shareholders in the first half of the year was 399 million yuan, turning a profit, which met expectations. Although high tax rates put pressure on costs, market sentiment is positive, and business is steadily recovering, with a profit forecast of 2.49 billion yuan for 2026

According to a research report by China International Capital Corporation (CICC), China Everbright Holdings (00165.HK) achieved a net profit attributable to shareholders of RMB 399 million in the first half of the year, compared to a loss of RMB 1.28 billion in the same period last year, marking a turnaround to profitability; earnings per share were RMB 0.24, which was generally in line with the bank's expectations.

Benefiting from the market upturn that drove investment income growth, but facing pressure on costs from a higher tax rate, the bank maintained its earnings forecast for 2025 largely unchanged and introduced a 2026 earnings forecast of RMB 2.49 billion. Considering the positive market sentiment and the steady recovery of the company's business, it maintained an "outperform industry" rating, raising the target price from RMB 4.7 to RMB 10

### Related Stocks

- [00165.HK - CHINA EB LTD](https://longbridge.com/en/quote/00165.HK.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.