BOC HONG KONG Reports 40% Year-Over-Year Increase in Cross-Border Clientele

Written by Emily J. Thompson, Senior Investment Analyst

Source: aastocks

Updated: Jan 22 2026

0mins

02388+0.19%

03988-0.85%

Should l Buy 02388?

Source: aastocks

Customer Growth: BOC HONG KONG reported a 40% year-over-year increase in cross-border customers, indicating a rising demand for globalized financial services.
New Service Launch: The bank introduced the "Global Account Service" in collaboration with BANK OF CHINA, allowing customers to access and manage their accounts across the Bank of China Group in mainland China and Hong Kong through mobile banking.

Trade with 70% Backtested Accuracy

Stop guessing "Should I Buy 02388?" and start using high-conviction signals backed by rigorous historical data.

02388

$41.82+Infinity%1D

Analyst Views on 02388

Wall Street analysts forecast 02388 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 02388 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

0 Analyst Rating

0 Buy

0 Hold

0 Sell

Current: 41.740

Low

Averages

High

Current: 41.740

Low

Averages

High

Huatai Securities

Buy

maintain

2025-10-30

Reason

Huatai Securities

Price Target

AI Analysis

2025-10-30

maintain

Buy

Reason

The analyst rating from Huatai Securities for BOC HONG KONG remains a Buy, with the target price increased from HKD42.18 to HKD45.59. The rationale behind this rating is based on the company's operating income and profit growth, despite a marginal slowdown in growth rates. The report notes that the slowdown was primarily due to fluctuations in non-interest income and higher provisioning. The overall positive outlook and the increase in the target price suggest confidence in the company's future performance.

Morgan Stanley

Underweight

upgrade

2025-10-30

Reason

Morgan Stanley

Price Target

2025-10-30

upgrade

Underweight

Reason

Morgan Stanley raised its earnings forecasts for BOC HONG KONG for 2025-2027 by 3%, 2%, and 2% respectively, due to several factors. The increase was driven by expectations of higher net interest income resulting from HIBOR, as well as strong anticipated performance in wealth and market-related fees, which would boost fee income. Additionally, improved cost discipline led to a reduction in cost forecasts for the same period. Despite these positive adjustments, Morgan Stanley maintained an "Underweight" rating and raised the target price from $33.4 to $35.7, indicating a cautious outlook on the stock.

Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for 02388

Unlock Now

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

BOC HONG KONG Launches New Banknote Exchange Service Today with Strong Online Reservation Demand

3 days agoaastocks

New Banknotes Exchange Service: BOC Hong Kong has launched a New Banknotes Exchange Service, offering 'Good-as-new Notes' and 'Standard New Banknotes Package' at all branches from today until February 16.
High Demand: The online reservation for the exchange service has seen overwhelming response, with full bookings reported on the first day of operation.

BOC Hong Kong Keeps HKD Prime Rate Steady at 5%

Jan 29 2026aastocks

Short Selling Activity: BOC Hong Kong reported a short selling amount of $153.83 million, with a ratio of 21.532%.
Interest Rates Announcement: The HKD prime rate and savings deposit rate remain unchanged at 5% p.a. and 0.001% p.a., as per BOC Hong Kong's announcement.

Bloomberg Intelligence: Wealth Management Fee Income in Hong Kong Banking Sector Expected to Increase by Over 20% This Year

Jan 28 2026aastocks

Wealth Management Growth: The Hong Kong banking sector, particularly HSBC and BOC Hong Kong, is expected to see a growth of over 20% in wealth management fee income this year, driven by fund sales, brokerage income, and bancassurance business.
Market Optimism: This increase in wealth management fees is attributed to a positive outlook on global AI technology, favorable market conditions in equities, fixed income, and precious metals, along with solid risk appetite due to anticipated rate cuts by the Federal Reserve.

<Research>HSBC Identifies Hong Kong Stocks Receiving the Most Institutional Interest (Table)

Jan 27 2026aastocks

Stock Performance Overview: Various stocks including AIA, Alibaba, and BYD showed mixed performance with AIA and Alibaba experiencing gains, while SMIC saw a decline.
Short Selling Data: Significant short selling activity was noted across multiple stocks, with BYD and SHK PPT having the highest short selling ratios at 34.941% and 35.602%, respectively.
Investment Ratings: Analysts have given "Buy" ratings to several companies including Alibaba, BOC Hong Kong, and Trip.com, while AIA is rated as "Hold."
Market Insights: JPMorgan estimates Alibaba's T-Head valuation to be between US$25-62 billion, indicating that a spinoff and separate listing is unlikely this year.

BOC HONG KONG: RMB Business Facility Increased Twofold, Supporting More 'Going Global' Companies

Jan 27 2026aastocks

RMB Business Facility Increase: The Hong Kong Monetary Authority (HKMA) has doubled the RMB Business Facility to RMB200 billion with support from the People's Bank of China (PBOC), enhancing liquidity for Hong Kong's financial market.
Support for Cross-Border RMB Usage: The increase in the RMB Business Facility aims to promote cross-border usage of RMB, benefiting enterprises looking to expand globally and supporting the development of the real economy.