BOCI Slightly Raises CCB TP to HKD11.3, Maintains Buy
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BOCI has slightly raised the target price for China Construction Bank (CCB) from HKD11.28 to HKD11.3 while maintaining a Buy rating. The bank reported a 3.5% year-on-year increase in net profit for Q1 2026, with a stable non-performing loan ratio of 1.31% as of March 2026. The report highlights solid asset quality and a relatively low valuation for the bank.
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