Postal Savings Bank of China, CNE1000029W3

Postal Savings Bank of China stock: Morgan Stanley raises target to HKD 6.80

Published on 10/21/2026 at 16:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
First-half revenue grew 7.30 percent and profit rose 4.60 percent in 2026. Postal Savings Bank of China stock costs EUR 0.64 on October 21, 2026, 2.93 percent above Tradegate.

Analyst target and reporting date

  • Morgan Stanley raised its Postal Savings Bank of China target by 7.90 percent to HKD 6.80 on October 9, 2026.
  • First-half 2026 revenue grew 7.30 percent and net profit attributable to shareholders increased 4.60 percent.
  • Postal Savings Bank of China stock costs EUR 0.64 at Lang & Schwarz on October 21, 2026 at 4:33 p.m. CEST, 2.93 percent above the Tradegate close.
  • The next earnings publication is scheduled for October 29, 2026.
Postal Savings Bank of China, CNE1000029W3, Illustration mit AI erstellt.

Morgan Stanley raised its target for Postal Savings Bank of China by 7.90 percent to HKD 6.80 on October 9, 2026, according to Moomoo. Postal Savings Bank of China stock was trading at EUR 0.64 at Lang & Schwarz on October 21, 2026 at 4:33 p.m. CEST, up 2.93 percent versus the Tradegate close of EUR 0.62 on October 19, 2026.

First-half growth remains positive

Operating momentum in the latest reported period gives the analyst action a concrete backdrop. In the first half of 2026, revenue grew 7.30 percent year over year and net profit attributable to shareholders increased 4.60 percent, compared with revenue growth of 7.60 percent in the first quarter and profit growth of 1.90 percent, according to Futu.

Home-market price stays in range

The Shanghai-listed shares last traded at CNY 5.60 on October 21, 2026 at 3:00 p.m. CST, down 0.88 percent from CNY 5.65. The same quotation showed a 52-week range of CNY 4.76 to CNY 6.13, placing the share 8.65 percent below its yearly high. Trading volume reached 129,346,854 shares, while the market capitalization stood at CNY 561.3 billion.

What comes next for the bank?

The next scheduled earnings publication is October 29, 2026, followed by an ex-dividend date of December 3, 2026, according to Yahoo Finance. The calendar gives investors two dated events after the first-half figures and the Morgan Stanley target revision.

Valuation leaves the target in focus

The analyst view is expressed in Hong Kong dollars, while the Shanghai quote is in Chinese yuan and the German indication is in euros, so the figures are separate measures rather than a single performance comparison. The latest company profile identifies Postal Savings Bank of China as a regional bank serving retail and corporate customers in China, with 179,081 employees as of the latest stated profile period.

Stock closes the distance to its base

At EUR 0.64, the Lang & Schwarz price was EUR 0.02 above the Tradegate close of EUR 0.62 from October 19, 2026, equivalent to a 2.93 percent increase. The home-market quote remained below its CNY 6.13 52-week high, leaving the October 29 reporting date as the next scheduled company event.

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

Postal Savings Bank of China stock facts

  • Company: Postal Savings Bank of China Co., Ltd.
  • ISIN: CNE1000029W3
  • Ticker: 601658
  • Price Lang & Schwarz as of October 21, 2026, 4:33 p.m. CEST: EUR 0.64
  • Change versus Tradegate close: plus 2.93 percent
  • Tradegate close on October 19, 2026: EUR 0.62
  • Market capitalization: CNY 561.3 billion as of October 21, 2026
  • 52-week range: CNY 4.76-CNY 6.13 as of October 21, 2026
  • Sector / Industry: Financial Services / Regional Banks

Market context: Market report Shanghai Composite.

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