Positive Outlook for Chinese Banks: JPMorgan's research report indicates that the Chinese banking sector is benefiting from stable net interest margins and growing fee income, leading to optimism about a 15% rise in A-shares and an 8% increase in H-shares by 2H25.
Dividend Yield Expectations: The average dividend yield for covered Chinese banks is estimated to be around 4.3% in 2025, attracting interest from investors focused on income generation.
Macroeconomic Factors: Ample liquidity and a weak macroeconomic environment are favoring dividend-paying stocks, with expectations of improved income and profit growth for Chinese banks in the second half of 2025.
Interest Rate Projections: JPMorgan anticipates that the cycle of interest rate cuts in China will conclude soon, predicting only one or two additional cuts in 2H25 or 2026.
Wall Street analysts forecast 03328 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 03328 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 03328 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 03328 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: 6.540
Low
Averages
High
Current: 6.540
Low
Averages
High
BofA Securities
BofA Securities
Underperform
to
Neutral
upgrade
2025-11-03
Reason
BofA Securities
BofA Securities
Price Target
AI Analysis
2025-11-03
upgrade
Underperform
to
Neutral
Reason
The analyst rating for BANKCOMM (03328.HK) was upgraded from Underperform to Neutral due to the bank's solid financial results for the previous quarter, which included a net profit growth of 1.9% year-over-year and an increase in core earnings. Additionally, BofA Securities raised its earnings forecasts for BANKCOMM by 1-4% and increased the target price from HKD6.3 to HKD6.55, reflecting a more positive outlook for the bank's performance.
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.
