Short Selling Ratios - AIA Group Limited (81299) and JD Health (86618) have the highest short selling ratios at 100.00% each, followed closely by JD Group (89618) at 99.04% [1] - Other notable companies with high short selling ratios include BYD Company Limited (81211) at 89.57% and Tencent Holdings Limited (00700) at 84.79% [1] Short Selling Amounts - Alibaba Group (09988) leads in short selling amount with HKD 3.29 billion, followed by Tencent Holdings (00700) at HKD 1.01 billion and Xiaomi Corporation (01810) at HKD 978 million [1] - Other significant short selling amounts include Meituan (03690) at HKD 969 million and BYD Company (01211) at HKD 921 million [1] Deviation Values - JD Group (89618) has the highest deviation value at 45.15%, indicating a significant difference from its average short selling ratio over the past 30 days [1] - Other companies with high deviation values include Xiehe New Energy (00182) at 41.14% and Tencent Holdings (80700) at 38.67% [1]

该行预计，中银香港2024至2027财年的盈利年幅合增长率为2.3%，由于上调非净利息收入预测，将 2025至27财年的收益预测上调了1至2%。该行预计，受惠于贷款量预期增长，料2025财年的净利息收入 将同比下降，然后在2026和27财年大致持平。另外，由于年初至今中国和香港资本市场得到改善，手续 费收入增长有望稳步回升，料将抵消净利息收入的压力。 星展发布研报称，中银香港(02388)上半年业绩胜于预期，纯利同比升10.5%至221.5亿元，其在HIBOR 的情况下，次季净息差按季跌2个基点至1.53%，不良贷款率为1.02%，相较去年下半年降3个基点。星 展重申中银香港的"买入"评级，目标价由36港元上调至39.4港元。 ...

智通财经APP获悉，星展发布研报称，中银香港(02388)上半年业绩胜于预期，纯利同比升10.5%至221.5 亿元，其在HIBOR的情况下，次季净息差按季跌2个基点至1.53%，不良贷款率为1.02%，相较去年下半 年降3个基点。星展重申中银香港的"买入"评级，目标价由36港元上调至39.4港元。 该行预计，中银香港2024至2027财年的盈利年幅合增长率为2.3%，由于上调非净利息收入预测，将 2025至27财年的收益预测上调了1至2%。该行预计，受惠于贷款量预期增长，料2025财年的净利息收入 将同比下降，然后在2026和27财年大致持平。另外，由于年初至今中国和香港资本市场得到改善，手续 费收入增长有望稳步回升，料将抵消净利息收入的压力。 ...

Investment Rating - The report maintains a "Buy" rating for BOC Hong Kong with a target price of HK$42.35, revised from the previous target price of HK$38.50 [2][7]. Core Insights - BOC Hong Kong's net interest income for the first half of 2025 met expectations, while non-interest income significantly exceeded expectations, driven by a 25.8% year-on-year increase in net service fees and commissions [7]. - The bank's operating profit before provisions grew by 16.5% year-on-year, supported by strong cost control with a cost-to-income ratio of 20.8% [7]. - The bank's asset quality continues to improve, with a non-performing loan (NPL) ratio of 1.02%, which is below the industry average in Hong Kong [7]. - The report highlights potential catalysts for growth, including opportunities in digital assets, cross-border wealth management, and favorable policies that may boost the economy [7]. Financial Performance Summary - For the fiscal year ending December 31, 2023, BOC Hong Kong reported a net interest income of HK$51,078 million and a net profit of HK$32,723 million [8]. - The forecast for 2025 includes a net interest income of HK$49,780 million and a net profit of HK$40,814 million, reflecting a 4.4% increase in net profit compared to 2024 [8]. - The bank's basic earnings per share (EPS) is projected to be HK$3.860 for 2025, with a dividend per share (DPS) of HK$2.165, indicating a dividend yield of 6.1% [9]. Share Price Performance - Over the past year, BOC Hong Kong's share price has increased by 53.8%, outperforming the Hang Seng Index by 11.8% [5][6]. - The average share price over the last three months was HK$35.4, with a recent price of HK$35.220 [5][7].

Market Overview - The Hang Seng Index (HSI) closed at 25,485.70, down by 10.85 points or 0.04% as of September 2, 16:00 Eastern Time [1] - The index reached a high of 25,496.61 and a low of 25,284.62 during the trading session, with a trading volume of 95.8438 million [1] - The 52-week high for the index is 25,778.47, while the 52-week low is 17,034.99, indicating a trading range of 0.83% [1] Blue-Chip Stocks Performance - HSBC Holdings closed at HKD 100.038, up by 0.29% compared to the Hong Kong close [2] - Tencent Holdings closed at HKD 603.227, reflecting an increase of 0.45% from the Hong Kong close [2] Individual Stock Movements - Tencent Holdings (00700) latest price is HKD 600.500, down by HKD 4.500 or 0.74% [3] - Alibaba Group (09988) latest price is HKD 134.700, down by HKD 2.400 or 1.75% [3] - China Construction Bank (00939) latest price is HKD 7.700, up by HKD 0.150 or 1.99% [3] - Xiaomi Group (01810) latest price is HKD 55.850, up by HKD 1.850 or 3.43% [3] - AIA Group (01299) latest price is HKD 72.700, down by HKD 1.400 or 1.89% [3] - Hong Kong Exchanges and Clearing (00388) latest price is HKD 443.600, down by HKD 4.400 or 0.98% [3] - JD.com (09618) latest price is HKD 119.600, down by HKD 1.800 or 1.48% [3]

Core Viewpoint - Goldman Sachs reports that Bank of China Hong Kong (02388) achieved a 12% year-on-year increase in operating profit for Q2, reaching HKD 13.7 billion, exceeding market and Goldman Sachs expectations by 22% and 24% respectively, driven by improved net interest margin, partially offset by weaker-than-expected credit provisions [1] Financial Performance - For the first half of the year, Bank of China Hong Kong's earnings per share surpassed market and Goldman Sachs forecasts by 6% [1] - The interim dividend declared is HKD 0.58 per share, aligning with Goldman Sachs expectations but 13% lower than general market predictions [1] Ratings and Price Target - Goldman Sachs maintains a neutral rating on the stock, raising the target price from HKD 35.1 to HKD 38.3 [1] Earnings Forecast Adjustments - Following the Q2 performance exceeding expectations, Goldman Sachs has revised its earnings per share forecasts for Bank of China Hong Kong for 2025 to 2027 upwards by 10%, 9%, and 11% respectively, reflecting adjustments in net interest margin and non-interest income forecasts, partially offset by higher provisioning expenses [1] - The expected payout ratio for the group is projected to increase from 55% in 2024 to 56% in 2025, with a gradual rise to 58% in 2026 and 60% in 2027 [1]

摩根大通发布研报称，中银香港(02388)上半年业绩胜该行预期，但与市场预期基本一致，受到税前营 运利润稳健增长的支持。该行将盈利预测上调两成，以反映更具韧性的利润率和交易收益，并维持"中 性"评级，目标价由37.7港元升至38.4港元。 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年8月31日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 中銀香港（控股）有限公司 | | | 呈交日期: | 2025年9月1日 | | | I. 法定/註冊股本變動 不適用 | | | | 備註： | | | | 本公司可發行的股份數目上限為20,000,000,000股普通股股份及其股本並無股份面值。 | | | FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02388 | | 說明 | | | | | | | 多櫃檯證券代號 | 82388 | RMB 說明 | | | | | | | | | | 已發 ...

Core Insights - The number of existing home mortgage registrations in August 2025 reached 6,629, a month-on-month increase of 22.1%, marking the highest level in 23 months since August 2023, driven by a recovering property market and increased transactions [1][2] - The market share of the top four banks increased by 4.3 percentage points to 77.5%, with Bank of China Hong Kong leading the market with a share of 33.8% [2] - The number of pre-sale mortgage registrations fell to 376 in August, a decrease of 52.6% from July, primarily due to the completion of units at Long Tian Feng [3] Group 1: Existing Home Mortgages - In August 2025, existing home mortgage registrations totaled 6,629, up 22.1% from July, the highest in nearly two years [1][2] - The increase in registrations was attributed to favorable market conditions, including lower interest rates and increased market confidence [1] - The top four banks' market share rose to 77.5%, with Bank of China Hong Kong maintaining the highest share at 33.8% [2] Group 2: Pre-sale Mortgages - Pre-sale mortgage registrations dropped to 376 in August, a significant decline of 52.6% from the previous month [3] - The decline was mainly due to the completion of units at Long Tian Feng, with the majority of registrations in August coming from SIERRA SEA [3] - Despite the monthly drop, the total number of pre-sale mortgage registrations for the first eight months of 2025 increased significantly by 90.5% year-on-year [3]

美银证券发布研报称，中银香港(02388)上半年净利润同比升10.5%至222亿港元，拨备前利润同比升 16.5%至317亿港元，均胜预期。尽管中银香港希望稳步提高全年派息率，上半年每股股息同比增长 1.8%至0.58港元，派息率下降至27.7%。美银证券将中银香港今年每股盈利预测上调10%，2026年至 2027年每股盈利预测大致稳定，其目标价由33.1港元上调至37.66港元，其评级为"买入"。 ...