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<Research>JPM Ratings, TPs on CN Banks (Table)
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JPMorgan released a research report with the following investment ratings and target prices for Chinese banks:

Stocks | Investment Ratings | Target Prices (HKD)
MINSHENG BANK (01988.HK) | Overweight → Neutral | HKD4.4 → HKD4
CEB BANK (06818.HK) | Neutral → Underweight | HKD3.1 → HKD2.7
BANK OF CHINA (03988.HK) | Overweight | HKD5.5
CCB (00939.HK) | Overweight | HKD9.5
ICBC (01398.HK) | Overweight | HKD7.35
BANKCOMM (03328.HK) | Overweight | HKD7.85
ABC (01288.HK) | Overweight | HKD6.1
PSBC (01658.HK) | Neutral | HKD5.5

Related News BofAS Lowers TP for BANK OF CHINA (03988.HK) to HKD5; Last Year's Net Profit Slightly Below Expectations


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