DBS Reaffirms Their Buy Rating on China Construction Bank (CICHF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 03 2025
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Source: Business Insider
Analyst Rating: Manyi Lu from DBS maintains a Buy rating on China Construction Bank with a price target of HK$8.80, while the current analyst consensus is a Strong Buy with an average price target of $0.97.
Financial Performance: For the quarter ending September 30, China Construction Bank reported a revenue of $183.22 billion and a net profit of $91.45 billion, showing an increase in net profit compared to the previous year despite a slight decrease in revenue.
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.
