Goldman Sachs lowered ratings, target price of some Chinese banks
Goldman Sachs lowered ratings, target price of some Chinese banks

Goldman Sachs lowered ratings, target price of some Chinese banks

Industrial and Commercial Bank of China (01398.HK) | Buy -> Sell | HK$4.98 -> HK$3.55

Bank of China (03988.HK) | Neutral | HK$2.72 -> HK$2.83

China Construction Bank (00939.HK) | Buy | HK$6.07 -> HK$5.81

Agricultural Bank of China (01288.HK) | Neutral -> Sell | HK$2.62 -> HK$2.45

Bank of Communications (03328.HK)  | Sell | HK$3.97 -> HK$3.88

Postal Savings Bank of China (01658.HK) | Sell -> Buy | HK$4.06 -> HK$5.8

China Merchants Bank (03968.HK)  | Neutral | HK$40.85 -> HK$36.24