Market Opening: Hong Kong stocks opened higher, with the HSI up 165 points (0.6%) at 26,750, the HSCEI up 50 points (0.5%) at 9,173, and the HSTECH up 48 points (0.8%) at 5,795.
Chip Stocks Surge: External memory chip stocks saw significant gains, with ASMPT rising 4.9% after announcing strategic assessments, while SMIC and HUA HONG SEMI also experienced increases of 1.6% and 2.1%, respectively.
Company Performance: KINGDEE INT'L expected a profit swing and revenue growth, leading to a 3.1% increase in its stock price, while BIDU-SW rose 3.8% following positive revenue forecasts from JPMorgan.
Financial Sector Movements: HSBC and HKEX saw slight increases, while AIA climbed 2.2%. In contrast, gold-related stocks like CHINAGOLDINTL and ZIJIN MINING fell due to declining gold prices, although CHOW TAI FOOK reported a 17.8% YoY increase in retail sales, boosting its share price.
Wall Street analysts forecast 00005 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00005 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
Wall Street analysts forecast 00005 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00005 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 Buy
0 Hold
0 Sell
Current: 128.200
Low
Averages
High
Current: 128.200
Low
Averages
High
Barclays
Barclays
Overweight
maintain
2026-01-21
New
Reason
Barclays
Barclays
Price Target
AI Analysis
2026-01-21
New
maintain
Overweight
Reason
The analyst rating for HSBC Holdings (00005.HK) is based on several favorable factors that are expected to significantly enhance its earnings performance. Barclays highlighted that HSBC is likely to exceed its guidance and market forecasts due to:
1. Positive conditions in the Hong Kong market.
2. The full integration of Hang Seng Bank.
3. Strategic initiatives that can mitigate the impact of fluctuations in US policies.
Additionally, Barclays predicts that even with a potential decline in US interest rates, HSBC's net interest income (NII) for 2026 and 2027 will remain 4-5% above market consensus. This resilience in performance leads Barclays to reaffirm its Overweight rating on HSBC and raise the target price from GBP12.3 to GBP14.
DBS
maintain
$139.2
2026-01-09
Reason
DBS
Price Target
$139.2
2026-01-09
maintain
Reason
The analyst rating from UBS for HSBC HOLDINGS (00005.HK) is maintained at Neutral with a target price of GBP10.35. The reason for this rating is that while UBS is more positive on the privatization deal involving Hang Seng Bank, they did not alter the ultimate value of HSBC HOLDINGS. This suggests that UBS sees potential benefits from the transaction but does not expect it to significantly change the overall valuation of HSBC in the long term.
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Citi Research
NULL
to
Buy
maintain
2026-01-09
Reason
Citi Research
Price Target
2026-01-09
maintain
NULL
to
Buy
Reason
The analyst rating from Citi Research for HSBC HOLDINGS is based on several key factors:
1. Lowered EPS Forecasts: Citi Research has slightly reduced its EPS forecasts for 2025-2027 by 0-1%, primarily due to the expectation of an additional Federal Reserve rate cut in 2026.
2. Higher Revenue Assumptions: Despite the slight decline in EPS forecasts, Citi's projections remain 2-9% higher than the latest market consensus for the company's profit before tax. This is attributed to expectations of strong revenue growth, particularly in non-interest income from the Asian wealth business.
3. Positive Return on Tangible Equity (RoTE): Citi believes that HSBC can achieve a RoTE of approximately 19-20% in 2027-2028, indicating strong profitability potential.
4. Increased Target Price: With the introduction of a 2028 forecast and an extended terminal year in its valuation model, Citi raised its target price for HSBC from $127.8 to $138.3.
5. Reiterated Buy Rating: Given these factors, Citi Research has maintained a "Buy" rating on HSBC HOLDINGS, reflecting confidence in the company's future performance despite the minor adjustments to EPS forecasts.
Citi
maintain
$138.3
2026-01-09
Reason
Citi
Price Target
$138.3
2026-01-09
maintain
Reason
The analyst rating from UBS is maintained as Neutral for HSBC Holdings (HSBA.L) with a target price of GBP10.35. The reason for this rating is that while UBS is more positive on the privatization deal involving Hang Seng Bank than the market, it did not alter the ultimate value of HSBC Holdings. This suggests that UBS sees potential benefits from the transaction but does not believe it significantly changes the overall valuation of HSBC.
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.
