The Zhitong Finance App learned that Daiwa released a research report stating that the initial “holding” rating for ICBC (01398.HK) has a target price of HK$7.8, which indicates that ICBC is a high-yield stock, but the current price is generally reasonable. The bank expects ICBC's total operating revenue to increase 4% to 8% year on year from 2026 to 2028, and net profit to increase by about 3.1% to 6.6% year on year; the current price corresponds to 0.55 times the market account ratio expected in 2026.

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