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Bank of China sharply increases 7% revaluation potential big blessing buy

Source: Internet
Author: User
Keywords Premium Hong Kong dollar Bank of China
Tags bank of china buy rating credit it is market notable outlook return
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Bank of China Gaokaigao A notable rally this morning, with share prices rising 6.78% per cent to HK $3.15 and 670 million shares a half.　　The report said it gave the unit a buy rating and set the target price up to HK $3.6, the equivalent of 1.5 times times the 2010 market, at a premium of 14% per cent. In the light of the improvement in the outlook for international credit markets, BOC is expected to have the greatest potential for revaluation, as its current market rate is 1.3 times times, but the return on equity in the future can still exceed 13%, so it is considered to be still undervalued.

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