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

AASTOCKS
2026.01.12 04:27

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