Deutsche Bank pointed out that CCB (00939.HK) -0.020 (-0.312%) Short selling $30.99M; Ratio 4.262% 's
management predicted that the bank's net interest income growth will be
weak this year, as the 10% (yoy) loan growth target will be offset by
the narrowed profit caused by the rate cuts.
The Bank estimated that CCB can maintain a dividend payout of about 35% this year, and may have a chance to issue preferred shares in the second half of the year at the earliest. The target price was set at $8.46, with a Buy rating
The Bank estimated that CCB can maintain a dividend payout of about 35% this year, and may have a chance to issue preferred shares in the second half of the year at the earliest. The target price was set at $8.46, with a Buy rating
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