Huatai raises target for BOC Hong Kong stock to HKD 62.79

Published on 10/07/2026 at 09:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Profit was HKD 23.739 billion in the first half of 2026. BOC Hong Kong stock costs EUR 5.79 on October 7, 2026 versus EUR 5.81, minus 0.34 percent.

BOC Hong Kong, HK2388011192, Illustration mit AI erstellt.

BOC Hong Kong (ISIN HK2388011192) was trading at EUR 5.79 at Lang & Schwarz on October 7, 2026 at 9:13 a.m. CEST, minus 0.34 percent versus the prior close of EUR 5.81. According to Futubull on September 30, 2026, Huatai Securities raised its target price for BOC Hong Kong from HKD 60.98 to HKD 62.79 and maintained a Buy rating.

Huatai sees further re-rating

Huatai Securities tied the higher target to BOC Hong Kong's capital position, offshore renminbi activity, Southeast Asian growth and broader financial services. The report assigned a 2026 target price-to-book multiple of 1.75 and cited a 2026 projected book value per share of HKD 35.88.

The assessment also identifies a clear counter-factor. Huatai Securities warned that weaker ASEAN economic growth or tighter cross-border investment policies could limit the expected expansion, according to Futubull.

First-half profit rises 7.10 percent

According to Futubull, profit attributable to shareholders reached HKD 23.739 billion in the six months ended June 30, 2026, up 7.10 percent year over year. Net interest income increased 12.10 percent to HKD 28.182 billion, while net fee income fell 5.80 percent to HKD 5.979 billion.

The earnings mix matters for the valuation case. The net interest margin was 1.57 percent, up 3 basis points year over year, but insurance commission income declined 40.50 percent, showing how fee pressure can offset stronger interest income.

Capital returns add support

The board declared a second interim dividend of HKD 0.29 per share, bringing regular first-half dividends to HKD 0.58 per share. Management also described a 2026-2028 shareholder return program with extra returns of HKD 10.5 billion and a 2026 special dividend of HKD 0.2388 per share, according to Yahoo Finance.

Stock stays below HKD 53.85 high

On the HKEX, BOC Hong Kong was last quoted at HKD 51.05 on October 7, 2026 at 2:58 p.m. HKT, versus a 52-week range of HKD 35.92 to HKD 53.85. The Lang & Schwarz price was EUR 5.79 on October 7, 2026 at 9:13 a.m. CEST, minus 0.34 percent versus the prior close of EUR 5.81. The further course of trading is shown by the continuously updated real-time quote of BOC Hong Kong stock.