Morgan Stanley raises target for China Merchants Bank stock to HKD 61.50

Published on 10/14/2026 at 17:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Profit rose 2.02 percent in first-half 2026. China Merchants Bank stock stood at EUR 6.11 on October 14, 2026, down 0.65 percent on HKEX.

Analyst target and bank valuation

Morgan Stanley lifted its China Merchants Bank target to HKD 61.50 on October 9, 2026.
First-half 2026 net profit rose 2.02 percent to RMB 76.445 billion.
China Merchants Bank stock costs EUR 6.11 at Lang & Schwarz on October 14, 2026 at 5:14 p.m. CEST, down 0.65 percent on HKEX.
China Merchants Bank had a P/E ratio of 7.31 and market capitalization of HKD 1.4 trillion.

CM Bank, CNE1000002M1, Illustration mit AI erstellt.

On October 9, 2026, Morgan Stanley raised its target for China Merchants Bank stock to HKD 61.50, according to Zhitong Finance. The target lies 14.85 percent above the HKD 53.55 Hong Kong price on October 14, 2026. At Lang & Schwarz, CM Bank was trading at EUR 6.11 on October 14, 2026 at 5:14 p.m. CEST, down 0.65 percent on HKEX.

First-half profit rises 2.02 percent

China Merchants Bank reported RMB 76.445 billion in net profit attributable to shareholders for the first half of 2026, up 2.02 percent year over year, according to Futu. Operating income reached RMB 178.181 billion, a 4.83 percent year-over-year increase in the same reporting period.

Net interest income grew 5.60 percent to RMB 112.022 billion, while net fee and commission income increased 5.99 percent to RMB 39.855 billion. Wealth-management fees and commissions were the faster-growing component, rising 26.53 percent to RMB 16.192 billion.

Hong Kong price near yearly high

The HKEX-listed H share closed at HKD 53.55 on October 14, 2026, down 0.65 percent from HKD 53.90. Its 52-week range was HKD 43.34 to HKD 54.25, leaving the price 1.29 percent below the high and 23.55 percent above the low.

Trading volume reached 9,009,953 shares against an average of 10,579,959. The market position therefore combines a price near the yearly high with a session volume below its average.

Valuation and October results date

China Merchants Bank carried a P/E ratio of 7.31 and a trailing dividend yield of 5.00 percent on October 14, 2026. Its market capitalization was HKD 1.4 trillion, while Morgan Stanley's HKD 61.50 target provided the clearest dated valuation reference.

China Merchants Bank is scheduled to report third-quarter 2026 results on October 23, 2026, according to the published earnings calendar reported by Eulerpool. That date is the next concrete timetable marker for the valuation discussion.

Comparison with peers

China Merchants Bank (HKEX, HKD): down 0.65 percent, P/E 7.31, market capitalization HKD 1.4 trillion
China Construction Bank (HKEX, HKD): down 1.05 percent, P/E 8.70, market capitalization HKD 2.4 trillion
HSBC Holdings (HKEX, HKD): down 1.79 percent, P/E 13.43, market capitalization HKD 2.5 trillion

Price and trading position

At Lang & Schwarz, CM Bank was trading at EUR 6.11 on October 14, 2026 at 5:14 p.m. CEST, down 0.65 percent on HKEX. The further course of trading is shown by the continuously updated real-time quote of CM Bank stock.