According to a research report published by J.P. Morgan Chase, although the market has some concerns about bond investment valuation losses, growth risks, and the sustainability of wealth management income, the overall market sentiment is not unduly undervalued. The bank maintains a positive view of the fundamentals of HSBC Holdings and Standard Chartered, believing that the two banks' stock prices have fallen excessively. As far as the third quarter results period is concerned, Motong is relatively optimistic about BOCHK's performance. BOCHK's profit growth is expected to be strong, and CET1 of 23.8% will keep the capital impact of bond valuation losses under control. Looking ahead to the next 12 months, I prefer Standard Chartered. I think its profit growth and return on equity expansion trajectory is ideal. The bank gave HSBC, Standard Chartered and Bank of China Hong Kong “additional” ratings. The target prices were HK$205, HK$310 and HK$53.3, respectively.

According to a research report published by J.P. Morgan Chase, although the market has some concerns about bond investment valuation losses, growth risks, and the sustainability of wealth management income, the overall market sentiment is not unduly undervalued. The bank maintains a positive view of the fundamentals of HSBC Holdings and Standard Chartered, believing that the two banks' stock prices have fallen excessively. As far as the third quarter results period is concerned, Motong is relatively optimistic about BOCHK's performance. BOCHK's profit growth is expected to be strong, and CET1 of 23.8% will keep the capital impact of bond valuation losses under control. Looking ahead to the next 12 months, I prefer Standard Chartered. I think its profit growth and return on equity expansion trajectory is ideal. The bank gave HSBC, Standard Chartered and Bank of China Hong Kong “additional” ratings. The target prices were HK$205, HK$310 and HK$53.3, respectively.