Bank of China stock: JPMorgan raises target to HKD 7.00

Published on 10/23/2026 at 15:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half profit rose 4.67 percent to RMB 132.031 billion. Bank of China stock costs EUR 0.68 on October 23, 2026 at Lang & Schwarz.

JPMorgan target and results date

JPMorgan raised its Bank of China target to HKD 7.00 on October 21, 2026.
The board is scheduled to review third-quarter results on October 30, 2026.
Bank of China stock costs EUR 0.68 at Lang & Schwarz on October 23, 2026 at 3:33 p.m. CEST.
First-half profit rose 4.67 percent to RMB 132.031 billion.

Bank of China, CNE1000001Z5, Illustration mit AI erstellt.

Bank of China stock (ISIN CNE1000001Z5) is being assessed against a higher JPMorgan target of HKD 7.00, up from HKD 6.70 in a report dated October 21, 2026. According to Futunn, the target lies 17.45 percent above the HKD 5.96 home-market price. The stock was trading at EUR 0.68 at Lang & Schwarz on October 23, 2026 at 3:33 p.m. CEST.

Results date is October 30

Bank of China is scheduled to hold a board meeting on October 30, 2026, to review unaudited results for the third quarter ended September 30, 2026. TipRanks reported the date on October 20, 2026.

Profit rose in the first half

The bank reported RMB 132.031 billion in profit for the six months ended June 30, 2026, up 4.67 percent from the same period a year earlier. Profit attributable to equity holders reached RMB 123.594 billion, an increase of 5.10 percent. Operating income rose 8.41 percent to RMB 357.113 billion, while return on average equity was 8.66 percent. These figures come from the 2026 interim report published by FinancialFilings.

Price and valuation in Hong Kong

On the Hong Kong Stock Exchange, the stock last traded at HKD 5.96 on October 23, 2026 at 4:08 p.m. HKT. The one-year range was HKD 4.30 to HKD 6.29, placing the price 5.25 percent below the high. Market capitalization stood at HKD 2.5 trillion, with a price-to-earnings ratio of 8.45 and a dividend yield of 3.00 percent.

Comparison with peers

Bank of China: down 0.58 percent, price-to-earnings ratio 8.45, market capitalization HKD 2.5 trillion.

Industrial and Commercial Bank of China (HKEX, HKD): down 1.50 percent, price-to-earnings ratio 8.16, market capitalization HKD 3.4 trillion.

China Merchants Bank (HKEX, HKD): down 1.25 percent, price-to-earnings ratio 7.15, market capitalization HKD 1.3 trillion.

What comes next for the stock?

The October 30 board review is the next dated company event. Investors will receive a fresh operating update after first-half profit growth of 4.67 percent and operating-income growth of 8.41 percent.

The further course of trading is shown by the continuously updated real-time quote of Bank of China stock.