China Construction Bank stock: Morgan Stanley lifts target to HKD 13.00

Published on 10/20/2026 at 17:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Profit rose 5.56 percent to CNY 171 billion. China Construction Bank stock costs EUR 1.11 on October 20, 2026, 0.89 percent below Tradegate close.

Morgan Stanley raises target

Morgan Stanley raised its China Construction Bank target to HKD 13 on October 9, 2026.
First-half operating income reached CNY 426 billion, up 10.48 percent year over year.
China Construction Bank stock costs EUR 1.11 at Lang & Schwarz on October 20, 2026 at 4:59 p.m. CEST, 0.89 percent below the Tradegate close of October 16, 2026.
Third-quarter results are scheduled for October 31, 2026.

China Construction Bank, CNE1000002H1, Illustration mit AI erstellt.

China Construction Bank (CNE1000002H1) faces a higher analyst valuation after Moomoo reported on October 9, 2026 that Morgan Stanley raised its target for the Hong Kong-listed shares by 15.00 percent to HKD 13.00. At the Hong Kong close on October 20, 2026, the stock was HKD 9.78 at 4:08 p.m. HKT, putting the target 32.92 percent above that price. The euro quotation stood at EUR 1.11 at Lang & Schwarz on October 20, 2026 at 4:59 p.m. CEST, 0.89 percent below the Tradegate close of October 16, 2026 at EUR 1.12.

Profit growth remains positive

The bank's first-half performance provides the main earnings counterpoint to the valuation debate. Its operating income reached CNY 426 billion in the first half of 2026, up 10.48 percent from the same period a year earlier, while net profit increased 5.56 percent to CNY 171 billion, according to the Yahoo Finance transcript published October 12, 2026. Net interest income rose 16.31 percent to CNY 115 billion in the same period, while the net interest margin was 1.37 percent.

Stock stays near its yearly high

China Construction Bank's HKD 7.37 to HKD 9.99 52-week range places the October 20 price 2.10 percent below the high. The stock gained 29.46 percent over one year and rose 2.39 percent over one month, while trading volume reached 159,435,945 shares, according to the dated market figures. The price-to-earnings ratio was 8.78 and the dividend yield was 3.00 percent.

What comes before results?

The next scheduled company event is the third-quarter 2026 results announcement on October 31, 2026, as reported by Simply Wall St. For investors, the upcoming report will test whether first-half income growth can continue while the bank manages margin pressure and credit risk. The first-half capital adequacy ratio was 19.42 percent, giving the balance sheet a substantial cushion ahead of the report.

Comparison with peers

China Construction Bank: down 0.89 percent, price-to-earnings ratio 8.78, market capitalization HKD 2.4 trillion.

Agricultural Bank of China: down 0.45 percent, price-to-earnings ratio 8.93, market capitalization HKD 2.3 trillion.

Bank of China: down 0.49 percent, price-to-earnings ratio 8.76, market capitalization HKD 2.6 trillion.

Price and next date

Morgan Stanley's HKD 13.00 target leaves a 32.92 percent gap above the Hong Kong price, while the next results date is October 31, 2026. The further course of trading is shown by the continuously updated real-time quote of China Construction Bank stock.