Bank of China stock: JPMorgan raises target for Bank of China stock to HKD 7.00
Published on 10/21/2026 at 16:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and earnings date
- JPMorgan raised its Bank of China target to HKD 7.00 from HKD 6.70 on October 21, 2026.
- Profit attributable to shareholders increased 5.10 percent to RMB 123.594 billion in the first half of 2026.
- Bank of China stock costs EUR 0.69 at Lang & Schwarz on October 21, 2026 at 4:39 p.m. CEST, 2.08 percent below the Xetra close of October 20, 2026.
- The bank plans to review third-quarter results on October 30, 2026.
Bank of China (CNE1000001Z5) is the subject of a JPMorgan target increase to HKD 7.00 from HKD 6.70, as Futunn reported on October 21, 2026. At Lang & Schwarz, the stock was trading at EUR 0.69 on October 21, 2026 at 4:39 p.m. CEST, down 2.08 percent versus the Xetra close of October 20, 2026.
JPMorgan lifts the target
JPMorgan maintained its Overweight rating while raising the December 2027 target from HKD 6.70 to HKD 7.00. The report kept earnings forecasts for 2026 through 2028 broadly unchanged, with revisions of 0.00 percent, minus 0.10 percent and minus 0.10 percent, respectively, according to Futunn. JPMorgan cited a higher long-term return-on-equity assumption of 9.40 percent, compared with 9.30 percent previously.
First-half profit rose 5.10 percent
Bank of China reported profit attributable to equity holders of RMB 123.594 billion for the six months ended June 30, 2026, up 5.10 percent from RMB 117.591 billion a year earlier. Profit for the period reached RMB 132.031 billion, an increase of 4.67 percent, while return on average equity stood at 8.66 percent. These figures were reported in the interim filing summarized by FinancialFilings on September 28, 2026.
Results date and valuation frame
The board is scheduled to review unaudited third-quarter results on October 30, 2026, TipRanks reported on October 20, 2026. The interim filing also records a proposed dividend of RMB 1.190 per 10 shares for the first half of 2026, subject to shareholder approval.
Stock position after the target move
Bank of China stock was trading at EUR 0.69 at Lang & Schwarz on October 21, 2026 at 4:39 p.m. CEST, 2.08 percent below the Xetra close of October 20, 2026 at EUR 0.70. On the Hong Kong Stock Exchange, the stock last stood at HKD 6.10 on October 21, 2026, while its 52-week range was HKD 4.30 to HKD 6.29.
The further course of trading is shown by the continuously updated real-time quote of Bank of China stock.
Bank of China stock facts
- Company: Bank of China Limited
- ISIN: CNE1000001Z5
- Ticker: 3988
- Primary exchange: HKEX
- Price Lang & Schwarz as of October 21, 2026, 4:39 p.m. CEST: EUR 0.69
- Change versus Xetra close: minus 2.08 percent
- Xetra close October 20, 2026: EUR 0.70
- Market capitalization: HKD 2.6 trillion as of October 21, 2026
- 52-week range: HKD 4.30-6.29 as of October 21, 2026
- Sector / Industry: Financial Services / Banks - Diversified
Market context: Latest market reports.
