Core Viewpoint - Hong Kong bank stocks continue to rise, with HSBC and Standard Chartered reaching new highs following the Federal Reserve's decision to cut interest rates by 25 basis points and expand its balance sheet by purchasing $40 billion in short-term government bonds [1] Group 1: HSBC Holdings - HSBC Holdings (00005) increased by 2.81%, reaching HKD 117.2 [1] - Bank of America Securities forecasts significant growth in two areas for HSBC next year: Hong Kong deposit business and Asian wealth management, citing HSBC's competitive advantages in these sectors [1] - HSBC's management has committed to increasing investments in these areas, which is expected to enhance its competitive edge and market share [1] Group 2: Standard Chartered - Standard Chartered (02888) rose by 2.09%, reaching HKD 180.7 [1] - Goldman Sachs reports that despite an 83% increase in Standard Chartered's stock price this year, there is still room for further revaluation [1] - Goldman Sachs projects that the bank's underlying return on tangible equity (ROTE) will reach 14.6% by the end of this year, exceeding the management's guidance of 13%, and will further rise to 15% by 2027 and 15.7% by 2028 [1] - The bank is expected to raise its mid-term ROTE guidance during its 2025 financial report or the investor day in May 2026, which could act as a catalyst for further stock price increases [1]

美银证券发布研报称，预计汇丰控股(00005)明年将有两个领域实现显著增长，包括香港存款业务及亚 洲财富管理业务;认为汇控在这两方面拥有显著竞争优势，管理层也已承诺加大投资在相关领域，预计 增加的资源配置将进一步提升其竞争优势，并带来市占率提升。美银证券对汇控2026及2027年的每股盈 利预测较市场预期高约7%至9%，主要得益于更高的收入及股份回购，又预计汇控股份回购的速度将从 明年第二季起恢复至每季度20亿至30亿美元的水平。基于上调的每股盈利预测，该行将汇控评级从"中 性"上调至"买入"。 ...

智通财经APP获悉，美银证券发布研报称，预计汇丰控股(00005)明年将有两个领域实现显著增长，包括 香港存款业务及亚洲财富管理业务; 认为汇控在这两方面拥有显著竞争优势，管理层也已承诺加大投资 在相关领域，预计增加的资源配置将进一步提升其竞争优势，并带来市占率提升。美银证券对汇控2026 及2027年的每股盈利预测较市场预期高约7%至9%，主要得益于更高的收入及股份回购，又预计汇控股 份回购的速度将从明年第二季起恢复至每季度20亿至30亿美元的水平。基于上调的每股盈利预测，该行 将汇控评级从"中性"上调至"买入"。 ...

美银证券发表研报，预计汇丰控股明年将有两个领域实现显著增长，包括香港存款业务及亚洲财富管理 业务；认为汇控在这两方面拥有显著竞争优势，管理层也已承诺加大投资在相关领域，预计增加的资源 配置将进一步提升其竞争优势，并带来市占率提升。该行对汇控2026及2027年的每股盈利预测较市场预 期高约7%至9%，主要得益于更高的收入及股份回购，又预计汇控股份回购的速度将从明年第二季起恢 复至每季度20亿至30亿美元的水平。该行将汇控评级从"中性"上调至"买入"，并将英国伦敦上市股份的 目标价从1160便士提高至1300便士。 ...