---
title: "Morgan Stanley lists the \"preference\" order for H-shares of domestic banks (table)"
description: "Morgan Stanley released a report on the outlook for the Chinese financial industry, listing its preferences for H-shares of domestic banks. The preference levels and investment ratings are as follows:"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/272217042.md"
published_at: "2026-01-12T04:27:10.000Z"
---

# Morgan Stanley lists the "preference" order for H-shares of domestic banks (table)

> Morgan Stanley released a report on the outlook for the Chinese financial industry, listing its preferences for H-shares of domestic banks. The preference levels and investment ratings are as follows: China Minsheng Bank (Overweight, target price 6.1 yuan), CITIC Bank (Overweight, target price 9.2 yuan), Bank of China (Overweight, target price 6.3 yuan), China Construction Bank (Overweight, target price 9.9 yuan), Postal Savings Bank of China (Overweight, target price 6.5 yuan), Industrial and Commercial Bank of China (Overweight, target price 8 yuan), China Merchants Bank (Overweight, target price 63.4 yuan), Agricultural Bank of China (Overweight, target price 6.9 yuan), Bank of Communications (Underweight, target price 6.1 yuan), China Everbright Bank (Underweight, target price 2.7 yuan), Zhongrong Bank (Underweight, target price 4 yuan)

Morgan Stanley released its outlook report for the Chinese financial industry this year, listing the preference order for domestic bank H shares, with the degree of preference ranked by share order:

Stock│Investment Rating│Target Price

CMBC (01988.HK)│Overweight│6.1 HKD

CITIC BANK (00998.HK)│Overweight│9.2 HKD

Bank of China (03988.HK)│Overweight│6.3 HKD

China Construction Bank (00939.HK)│Overweight│9.9 HKD

PSBC (01658.HK)│Overweight│6.5 HKD

ICBC (01398.HK)│Overweight│8 HKD

China Merchants Bank (03968.HK)│Overweight│63.4 HKD

ABC (01288.HK)│Overweight│6.9 HKD

Bank of Communications (03328.HK)│Underweight│6.1 HKD

China Everbright Bank (06818.HK)│Underweight│2.7 HKD

Agricultural Bank of China (03618.HK)│Underweight│4 HKD

### Related Stocks

- [601998.CN - CNCB](https://longbridge.com/en/quote/601998.CN.md)
- [00998.HK - CITIC BANK](https://longbridge.com/en/quote/00998.HK.md)
- [ACGBY.US - Agricultural Bank of China](https://longbridge.com/en/quote/ACGBY.US.md)
- [601288.CN - ABC](https://longbridge.com/en/quote/601288.CN.md)
- [01288.HK - ABC](https://longbridge.com/en/quote/01288.HK.md)
- [601658.CN - PSBC](https://longbridge.com/en/quote/601658.CN.md)
- [01658.HK - PSBC](https://longbridge.com/en/quote/01658.HK.md)
- [600016.CN - CMBC](https://longbridge.com/en/quote/600016.CN.md)
- [01988.HK - MINSHENG BANK](https://longbridge.com/en/quote/01988.HK.md)

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