Morgan Stanley raised target for China Construction Bank stock to HKD 13.00
Published on 10/16/2026 at 16:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Morgan Stanley set a HKD 13.00 target on October 9, 2026, 31.71 percent above the HKD 9.87 Hong Kong close.
- Second-quarter 2026 revenue reached CNY 151.55 billion and net income totaled CNY 82.48 billion.
- China Construction Bank stock costs EUR 1.12 at Lang & Schwarz on October 16, 2026 at 4:03 p.m. CEST.
- Third-quarter results are scheduled for October 31, 2026, while the price to earnings ratio is 8.74.
Morgan Stanley raised its target for China Construction Bank (ISIN CNE1000002H1) to HKD 13.00 on October 9, 2026, putting it 31.71 percent above the HKD 9.87 closing price on the Hong Kong Stock Exchange. The target change was part of a broader review of Chinese banks, with Morgan Stanley citing deleveraging, steadier net interest margins and lower projected credit costs. At Lang & Schwarz, the euro quote was EUR 1.12 on October 16, 2026 at 4:03 p.m. CEST.
Second-quarter figures set the base
China Construction Bank reported second-quarter 2026 revenue of CNY 151.55 billion and net income of CNY 82.48 billion. Simply Wall St reported that revenue rose 7.90 percent from the year-earlier quarter, while the net margin moved from 56.10 percent to 54.40 percent. The figures keep the analyst target debate tied to operating performance rather than to the stock price alone.
Price remains near the yearly high
The Hong Kong-listed shares closed at HKD 9.87 on October 16, 2026, down HKD 0.10 from the previous close. The 52-week range was HKD 7.37 to HKD 9.99, leaving the stock 1.20 percent below its high. Trading volume reached 182,667,483 shares against an average of 215,362,668 shares.
Valuation and October 31 results
China Construction Bank had a market capitalization of HKD 2.4 trillion, a price to earnings ratio of 8.74 and a dividend yield of 3.00 percent as of October 16, 2026. The next reporting date is October 31, 2026, when the bank is expected to publish third-quarter results. finanzen.net cited consensus estimates of CNY 0.375 earnings per share from two analysts and CNY 189.98 billion in quarterly revenue from one analyst.
Comparison with peers
China Construction Bank (HKEX, HKD): minus 1.00 percent, price to earnings ratio 8.74, market capitalization HKD 2.4 trillion.
Industrial and Commercial Bank of China (HKEX, HKD): minus 1.30 percent, price to earnings ratio 8.31, market capitalization HKD 3.6 trillion.
Bank of China (HKEX, HKD): minus 0.32 percent, price to earnings ratio 8.44, market capitalization HKD 2.6 trillion.
Euro quote from Lang & Schwarz
China Construction Bank stock was trading at EUR 1.12 at Lang & Schwarz on October 16, 2026 at 4:03 p.m. CEST. On the Hong Kong Stock Exchange, the shares closed at HKD 9.87 on October 16, 2026. The further course of trading is shown by the continuously updated real-time quote of China Construction Bank stock.
China Construction Bank market data
- Company: China Construction Bank Corporation
- ISIN: CNE1000002H1
- Ticker: 939
- Primary exchange: Hong Kong Stock Exchange
- Price Lang & Schwarz (as of October 16, 2026, 4:03 p.m. CEST): EUR 1.12
- Market capitalization: HKD 2.4 trillion (as of October 16, 2026)
- 52-week range: HKD 7.37-HKD 9.99 (as of October 16, 2026)
- Sector / Industry: Financial Services / Diversified Banks
- Next earnings date: October 31, 2026
Market context: Current market reports.
