Daiwa sets HKD 11.05 target for China Construction Bank stock

Published on 10/21/2026 at 10:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Daiwa set an HKD 11.05 target on October 20, 2026. China Construction Bank stock costs EUR 1.11 at Lang & Schwarz.

Capital returns and earnings

Daiwa set an HKD 11.05 target on October 20, 2026.
Second-quarter revenue reached CNY 151.55 billion.
China Construction Bank stock was trading at EUR 1.11 at 10:39 a.m. CEST at Lang & Schwarz on October 21, 2026.
Historical market capitalization was USD 265.5 billion at the end of 2025.

China Construction Bank, CNE1000002H1, Illustration mit AI erstellt.

China Construction Bank (ISIN CNE1000002H1) received a Buy rating and an HKD 11.05 target from Daiwa on October 20, 2026, according to Zhitong Finance. The note identified the bank as Daiwa's top pick in the Chinese banking sector.

Why the target matters

The Daiwa view puts cost of funds and fee income at the center of the investment case. The same report projected return on equity of 10.1 percent for 2025, linking the target to profitability rather than to a short-term trading signal.

China Construction Bank reported second-quarter 2026 revenue of CNY 151.55 billion and net income of CNY 82.477 billion, while net margin declined from 56.1 percent to 54.4 percent, Simply Wall St reported on October 15, 2026. The combination leaves earnings growth visible while showing that margin pressure remains material.

Three dated developments

On October 6, 2026, China Construction Bank completed two additional Tier 1 capital raisings of RMB 40 billion each, according to Simply Wall St. On October 8, 2026, the bank published its half-year report for 2026, while its second-quarter figures later showed CNY 151.55 billion in revenue. On October 20, 2026, Daiwa initiated coverage with a Buy rating and an HKD 11.05 target, as Zhitong Finance reported.

What dates shape the picture

The half-year report was published on October 8, 2026, and the Daiwa coverage was reported on October 20, 2026. Together, the dates mark a shift from balance-sheet reinforcement to an external valuation view.

Bank scale supports the case

China Construction Bank describes corporate finance, personal finance, treasury and asset management as its main businesses. Its investor-relations page says the group served 785 million personal customers and 12.73 million corporate customers at the end of 2025, and reported market capitalization of approximately USD 265.545 billion at that date, according to China Construction Bank. That scale gives the target a capital-return angle, but the lower second-quarter margin keeps operating performance central.

Stock price stays in focus

At Lang & Schwarz, China Construction Bank stock was trading at EUR 1.11 on October 21, 2026 at 10:39 a.m. CEST. The quotation gives German investors a live euro reference while the Daiwa target and the reported margin trend provide the more useful context for assessing the bank.

The further course of trading is shown by the continuously updated real-time quote of China Construction Bank stock.