Longbridge reports HKD 61.50 target for China Merchants Bank stock
Published on 10/15/2026 at 09:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBanking resilience and credit quality
- First-half net profit reached CNY 76.50 billion, up 2.00 percent in 2026.
- S&P Global Ratings lifted the bank's SACP from bbb+ to a- on September 16, 2026.
- CM Bank stock was trading at EUR 6.11 at 9:37 a.m. CEST at Lang & Schwarz on October 15, 2026.
China Merchants Bank (CNE1000002M1) has a reported HKD 61.50 target, with Longbridge reporting the figure on October 12, 2026. The same report described an Overweight view and a 5.20 percent dividend yield for the bank.
Three dates show the changing picture
On September 16, 2026, S&P Global Ratings lifted China Merchants Bank's standalone credit profile from bbb+ to a-. On September 23, 2026, Futubull reported first-half revenue growth of 4.80 percent and net profit growth of 2.00 percent. On October 12, 2026, Longbridge listed the HKD 61.50 target and the Overweight view.
What does the target mean for earnings?
The operating trend remains positive but measured. An independent summary from iPulse AI put first-half 2026 net profit at CNY 76.50 billion, up 2.00 percent year over year. That comparison matters because a higher credit assessment does not remove pressure from lending margins or credit quality.
Next reporting date
The next company event listed for China Merchants Bank is third-quarter 2026 results on October 23, 2026, according to Eulerpool. The date will give investors a fresh test of whether the first-half growth rate is broadening.
Stock price stays tied to results
CM Bank stock was trading at EUR 6.11 at Lang & Schwarz on October 15, 2026 at 9:37 a.m. CEST. The current quote places the market discussion between improving credit quality and only moderate profit growth.
The further course of trading is shown by the continuously updated real-time quote of CM Bank stock.
CM Bank stock key facts
- Company: China Merchants Bank Co., Ltd.
- ISIN: CNE1000002M1
- Ticker: 3968
- Price Lang & Schwarz (as of October 15, 2026, 9:37 a.m. CEST): EUR 6.11
- Sector: Financials
Market context: Latest market reports.
