Hong Leong stock: CIMB Securities keeps Buy call at MYR 26.40 target

Published on 10/30/2026 at 01:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hong Leong stock remains a CIMB Securities top pick despite bond-market volatility. The bank's digital capabilities and loan growth support the case.

Analyst view and banking risks

CIMB Securities kept Hong Leong Bank among its Malaysian banking top picks.
The research firm cited digital improvements, above-industry loan growth and strategic partnerships.

Hong Leong, MYL5819OO007, Illustration mit AI erstellt.

CIMB Securities kept Hong Leong Bank among its top Malaysian banking picks on October 27, 2026, while warning that global bond-market volatility could pressure third-quarter results. The assessment was reported by KLSE Screener in a report attributed to NST.

Top pick despite market pressure

CIMB Securities maintained Buy calls on Hong Leong Bank, Public Bank and RHB Bank. The research firm said a global bond sell-off had made the operating environment more challenging, but viewed defensive earnings, resilient asset quality and strong capital and liquidity buffers as support against near-term volatility.

For Hong Leong Bank, the report identified improved digital capabilities, above-industry loan growth and strategic partnerships as factors supporting its growth outlook. The analyst view is therefore constructive, but it is framed against a sector-wide earnings test rather than as a guarantee of near-term share-price performance.

What investors should watch

The main risk highlighted in the report is the potential effect of bond-market movements on third-quarter earnings, including possible mark-to-market losses. Investors may therefore want to distinguish between temporary valuation effects and the bank's underlying loan growth, asset quality and capital position as results develop.