- BofA Securities maintained its Neutral rating on BOC HONG KONG while raising its target price to HKD 51.36 and upgrading 2026-28 earnings forecasts by 0.5-2.5%.
- BOC HONG KONG reported a 7.1% YoY increase in profit attributable to shareholders to HKD 23.739 billion for 1H26 alongside a three-year shareholder return plan featuring an orderly increase in dividend payout.
- The broker kept its rating unchanged because the projected dividend yield of 5-6% for 2026-27 remains unattractive.
