(01658.HK)6.84 BOC International: Raises China Postal Savings Bank (01658.HK) target price to HKD 6.84, last quarter's profit growth continues.

According to the Wise Finance APP, Bank of Communications International released a research report stating that Postal Savings Bank of China (01658.HK) is expected to maintain positive profit growth in the third quarter of 2025, with a 1.2% year-on-year increase in net profit attributable to shareholders in the third quarter, a slower growth rate compared to the 4.8% in the second quarter. The asset quality of Postal Savings Bank of China remained excellent in the first three quarters of 2025. The net interest margin of Postal Savings Bank of China was 1.68% at the end of September 2025 and 1.7% at the end of June 2025, a decrease of 19 basis points and 17 basis points respectively compared to the end of 2024. Bank of Communications International stated that the asset quality of Postal Savings Bank of China remains sound, and its valuation is still attractive; it raised the H-share target price from 6.35 Hong Kong dollars to 6.84 Hong Kong dollars, equivalent to a forecast of a price-to-book ratio of 0.7 times this year, and maintained a "buy" rating.