Jefferies Keeps Their Buy Rating on BOC Hong Kong (Holdings) (BNKHF)

TipRanksDec 10 07:23 ET · Ratings

Zhongyuan Mortgage: In November, there were 24 home loan registrations in Hong Kong, a decrease of 52% compared to last month.

According to data from the Central Plains Mortgage Research Department and the Land Registry, there were 24 registered elderly mortgage applications from banks in Hong Kong in November 2024, which is a decrease of 52% compared to the previous month.

Zhitong FinanceDec 10 05:33 ET

The interest rates for consumer loans at some "2"-tier banks will decrease by 10 basis points again in December, while the lowest interest rate at major banks has already dropped by 50 basis points this year.

① The consumer loan products promoted by banks with extremely low interest rates are mostly aimed at high-quality customers, so it is important for customers to pay attention to the actual interest rate level when applying, and then decide whether to borrow. ② The reduction in personal consumer loan interest rates helps to lower the costs for holders of consumer crediting, promoting demand for consumer crediting, and thus driving consumption.

cls.cnDec 9 22:21 ET

As the year-end approaches, many banks are warning about the "standard usage of credit cards" and will periodically take control measures against abnormal customers.

Since late November, more than ten banks have intensively issued reminders about the "standard use of credit cards," including several national commercial banks and many local small and medium-sized banks; on December 6, Qilu Bank issued a reminder that consumers must not rent or lend their credit cards, and it is prohibited for others to make repayments on their behalf, "irregular control will be implemented on abnormal customers."

cls.cnDec 9 00:40 ET

Friedrich: Maintains boc hong kong "buy" rating, target price raised to 27 Hong Kong dollars.

Futu Research released a research report maintaining a "buy" rating on BOC Hong Kong (02388), with the target price raised from 26.5 Hong Kong dollars to 27 Hong Kong dollars. The bank remains bullish on international banks Stanchart (02888) and HSBC Holdings (00005), followed by Singapore banks more than Hong Kong silver. In addition, the bank expects that the most favorable interest rates will fall to 5% in the first quarter of next year, maintaining caution on asset quality. The bank pointed out that BOC Hong Kong's performance in the third quarter confirmed its view that market expectations were too conservative. Although uncertainty may limit the short-term PE ratio potential, the medium-term outlook remains relatively robust.

Sina Hong Kong stocksDec 5 22:57 ET

There are still "2" denominations! Many local banks are intensively issuing large-denomination certificates of deposit at the end of the year, and state-owned big banks and listed banks are also "mixed in".

① Especially since late November, about 20 local banks across the country have intensively announced the launch of large-denomination certificates of deposit. Furthermore, some annualized interest rates are still above 2%. ② Recently, some state-owned major banks have also been "quietly" promoting their own large-denomination certificate of deposit products, and listed banks are also introducing related products.

cls.cnDec 5 00:55 ET