Lates News

Bank of China International recently released a report stating that China Everbright Bank's first quarter profit continues to grow, with net profit increasing by 0.3% year-on-year in the first quarter of 2024 and by 2.2% for the full year. The bank believes that in 2025, China Everbright Bank may maintain good asset quality, but net interest margin is expected to decrease. Considering the current low valuation, the bank has raised its target price to 3.97 Hong Kong dollars and maintained a "buy" rating.