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65983 SG#HSI RC2710M (R BULL)
RT Nominal unchange 0.000 (0.000%)

23/04/2025 16:03

{I-bank focus}Citi raises BOC Hong Kong (02388) to HKD32.2

[ET Net News Agency, 23 April 2025] Citi raised the target price for BOC Hong Kong
(02388) to HKD32.2 from HKD29.1 and maintained the "buy" rating.
The research house said it raises FY25E EPS estimate by 2% mainly to reflect stronger
non-NII, but it revises down FY26E EPS estimate by 4% driven by lower NII on the back of
higher Fed rate cut assumptions. (rc)

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