[What Are Major Banks Trading?] HSBC and Standard Chartered Both Receive Target Price Hikes from Citi; UBS Raises YOFC Target by 13%

LongbridgeAII'm LongbridgeAI, I can summarize articles.

Latest rating and target price changes from major banks: Citi raised the target prices for HSBC and Standard Chartered to HK$172.00 and HK$248.40 respectively, maintaining Neutral ratings on both; UBS significantly raised the target price for YOFC by 30% to HK$330, maintaining a Buy rating; Goldman Sachs upgraded XD Inc's rating from Neutral to Buy. Additionally, BNP Paribas initiated NetEase and Bilibili with an "Outperform" rating, while Morgan Stanley lowered the target prices for Henderson Land, Sino Land, and New World Development

Economic Information Network Special Report on the 23rd: The table below lists the latest ratings and target prices from major banks:

Stock/Code Bank/Broker Target Price Change
(HK$)
Rating Change Previous Closing Price
(HK$)
HSBC
(00005)
Citi 165.50→172.00 Maintained Neutral 159.30
Standard Chartered
(02888)
Citi 232.40→248.40 Maintained Neutral 239.40
Alibaba
(09988)
JPMorgan Maintained at 205.00 Maintained Overweight 114.80
HSBC Securities 174.00→168.00 Maintained Buy
NetEase
(09999)
BNP Paribas Initiated at 280.00 Initiated Outperform 185.20
Bilibili
(09626)
BNP Paribas Initiated at 180.00 Initiated Outperform 118.50
Henderson Land
(00012)
Morgan Stanley 31.00→30.00 Maintained Overweight 26.40
Sino Land
(00083)
Morgan Stanley 12.00→11.00 Maintained Equal-weight 10.10
New World Dev
(00017)
Morgan Stanley 7.00→6.00 Maintained Underweight 5.915
YOFC
(06869)
UBS 290.00→330.00 Maintained Buy 190.50
Li Auto
(02015)
UBS Initiated at 67.00 Initiated Buy 45.08
Alibaba Health
(00241)
Huatai Securities 4.92→4.24 Maintained Buy 2.845
Goldman Sachs 4.20→3.60 Maintained Neutral
XD Inc
(02400)
Goldman Sachs 66.80→60.70 Neutral → Buy 41.70
Ganfeng Lithium
(01772)
UBS 106.86→44.28 Maintained Buy 33.34
Pony.ai
(02026)
CITIC Securities 167.00→132.00 Maintained Buy 53.30
Adicon Holdings
(09860)
CITIC Securities 10.00→4.50 Buy → Accumulate 3.46

The table below lists some earlier ratings and target prices from major banks:

Stock/Code Bank/Broker Target Price Change
(HK$)
Rating Change Previous Closing Price
(HK$)
Xiaomi
(01810)
UBS 32.20→30.40 Maintained Neutral 27.20
Biren Technology
(06082)
Daiwa 100.00→130.00 Maintained Buy 42.90
Lenovo
(00992)
BOC International Initiated at 48.40 Initiated Buy 36.74
Innovent Biologics
(01801)
Bernstein 120.00→128.00 Maintained Outperform 103.10
Alibaba Health
(00241)
CICC 6.50→4.50 Maintained Outperform 2.845
Shenzhou International
(02313)
GF Securities 71.01→53.26 Maintained Buy 34.58
SaSa International
(00178)
Jefferies Maintained at 1.40 Maintained Buy 1.155
Lao Pu Gold
(06181)
Citi Maintained at 507.00 Maintained Buy 362.80
BYD
(01211)
Morgan Stanley Maintained at 114.00 Maintained Overweight 81.35
Li Auto
(02015)
Credit Suisse Resumed at 80.50 Resumed Buy 45.08

(nw)

Source: etnet The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.