Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00939 CCB
RTNominal up4.990 +0.060 (+1.217%)
Others

23/02/2018 10:25

[I-bank focus]CCB seen to report 2-digit NII growth for 4Q

[ET Net News Agency, 23 February 2018] China Construction Bank (CCB)(00939) is due to
announce 2017 results on 27 March.
Daiwa Research estimated CCB recorded double-digit net interest income growth for 4Q
2017, following -0.9% YoY growth for 1Q 2017, 7.6% YoY for 2Q 2017 and 10.2% for 3Q 2017.
It estimated the improvement in its core business driver, interest income, led to a
turnaround in its top-line performance in 2017, versus an operating revenue decline of
4.6% YoY for 2016.
Daiwa forecast CCB to deliver 10%+ YoY net interest income growth and a 8bp NIM
improvement for 2018.
It reiterated its "buy" call on CCB, with a target price of HK$10.5. (KL)

Remark: Real time quote last updated: 25/04/2024 18:00
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.