Research Report Analysis | CICC: Bank of China (Hong Kong)’s pre-tax profit for the first quarter exceeded expectations, maintaining an 'Outperform Industry' rating.
CICC issued a research report stating that Bank of China (Hong Kong)’s revenue in the first quarter of this year decreased by 0.4% year-on-year, which was in line with the bank's expectations; pre-tax profit increased by 0.8% year-on-year, surpassing the bank’s expectations, mainly due to lower impairment provisions than CICC had anticipated. CICC has kept its profit forecast for Bank of China (Hong Kong) largely unchanged and maintained the target price at HKD 45.1, corresponding to price-to-book ratios of 1.3x and 1.2x for this year and next year, respectively, with an upside potential of 2.3%. The rating “Outperform” was also reaffirmed.
BOC Hong Kong (Holdings) Stock Rallies 1.9% in Hong Kong
BOC Hong Kong (Holdings) (BNKHF) Gets a Buy From Huatai Securities
BOC Hong Kong Private Banking: Assets under management grew steadily in the first quarter, with non-interest income increasing by over 20% year-on-year.
The Bank of China Tower is hosting a special exhibition titled "Horses Through Time—Dunhuang Culture x Immersive Art" from now until June 26, open to BOC Hong Kong Private Banking clients and group reservations. Gan Yuwen, General Manager of BOC Hong Kong Private Banking, stated that the private banking business of BOC Hong Kong has been developing steadily and completed the acquisition of BOCI Private Banking's operations earlier this year. As of the first quarter of 2026, assets under management have grown steadily, with non-interest income increasing by over 20% year-on-year. High-net-worth clients continue to show rising demand for diversified asset allocation, wealth succession, and cross-generational tax planning, while also increasingly valuing high-quality lifestyles. To meet client needs
BOC Hong Kong (Holdings) Stock Slips 0.9% in Hong Kong
Liu Chang has been appointed as the CFO of Bank of China (Hong Kong) (02388).
The website of Bank of China (Hong Kong) (02388) shows that LIU Chang has been appointed as the Group Chief Financial Officer. Ms. Liu joined Bank of China (Hong Kong) in 2016 and serves as the Group Chief Financial Officer.