Goldman Sachs raises target for BOC Hong Kong stock to HKD 59.70

Published on 10/25/2026 at 02:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter profit is forecast at HKD 11.50 billion, up 28.00 percent year over year. BOC Hong Kong stock reports on October 30, 2026.

Bank outlook and key dates

Goldman Sachs lifted its target to HKD 59.70 on October 20, 2026.
First-half attributable profit reached HKD 23.70 billion, up 7.10 percent.
BOC Hong Kong is scheduled to report third-quarter results on October 30, 2026.

BOC Hong Kong, HK2388011192, Illustration mit AI erstellt.

BOC Hong Kong (ISIN HK2388011192) became the subject of a Goldman Sachs target increase to HKD 59.70 from HKD 57.80 on October 20, 2026, according to Futunn. The report kept a Buy rating and placed third-quarter earnings at the center of the next trading catalyst.

What does the target change imply?

Goldman Sachs forecast third-quarter net profit of HKD 11.50 billion, up 28.00 percent year over year and 1.00 percent quarter over quarter. Its forecast also called for pre-provision operating profit to rise 18.00 percent year over year, while net fee income was projected to fall 5.00 percent quarter over quarter, according to Futunn.

Three dated steps for the stock

On August 28, 2026, BOC Hong Kong reported first-half attributable profit of HKD 23.70 billion, up 7.10 percent year over year, according to Yahoo Finance. On October 19, 2026, Fitch affirmed the bank's A+ rating with a stable outlook, as reported by MarketScreener. On October 20, 2026, Goldman Sachs raised its target to HKD 59.70 from HKD 57.80, according to Futunn.

When are the next results due?

BOC Hong Kong is scheduled to release third-quarter results on October 30, 2026, according to the corporate calendar shown by MarketScreener. That date gives investors a defined checkpoint for testing the HKD 11.50 billion profit forecast and the expected 28.00 percent annual increase.

Profit growth meets credit discipline

The first-half earnings call showed profit growth alongside conservative risk metrics. BOC Hong Kong reported a 0.89 percent impaired-loan ratio at the end of June 2026, down 25 basis points from the previous year-end, while its net interest margin reached 1.57 percent, up 3 basis points year over year, according to Yahoo Finance. The same briefing put customer loans at HKD 1.82 trillion, up 5.90 percent from the end of 2025.

Market reference before results

BOC Hong Kong closed on the HKEX at HKD 48.88 on October 23, 2026. Its 52-week range was HKD 36.36 to HKD 53.85 on that date, while market capitalization stood at HKD 516.8 billion. The further course of trading is shown by the continuously updated real-time quote of BOC Hong Kong stock.