China Construction Bank stock reacts to new Daiwa buy rating and target
Published on 09/21/2026 at 16:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
China Construction Bank stock (ISIN CNE1000002H1) closed at HKD 5.12 on the Hong Kong Stock Exchange on September 18, 2026, marking a 0.6 percent gain for the session as investors responded to fresh analyst coverage.
Daiwa buy rating sets ambitious target
According to Sina Finance on September 21, 2026, Daiwa initiated coverage of China Construction Bank with a buy rating and a 12 month target price of HKD 11.05, positioning the lender as its preferred pick among Chinese banks.
The new target price of HKD 11.05 sits more than double above the recent Hong Kong closing level of HKD 5.12 on September 18, 2026, highlighting how much rerating potential the analyst house sees if profitability and capital returns stay on track.
Return on equity and valuation in focus
As Sina Finance further reports, Daiwa estimates that China Construction Bank delivered a shareholder return on equity of 10.1 percent for 2025, ranking second among state owned banks and underlining the lender's profitability advantages.
According to Sina Finance, Daiwa notes that as of mid September 2026 China Construction Bank traded at a price-to-book ratio of 0.58 based on 2026 expected book value, with a forward dividend yield of 5.1 percent, and bases its HKD 11.05 target on a 0.63 multiple of forecast 2026 to 2027 book value.
Stock level and investor view
China Construction Bank stock finished the Hong Kong session at HKD 5.12 on September 18, 2026, after trading between an intraday low of HKD 5.05 and an intraday high of HKD 5.18, leaving the shares at a substantial discount to the HKD 11.05 target level presented by Daiwa.
China Construction Bank stock at a glance
- Company: China Construction Bank Corporation
- ISIN: CNE1000002H1
- Ticker: 939
- Trading venue: HKEX
- Sector / Industry: Financials / Banks
- Index membership: Hang Seng Index
