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According to a research report published by J.P. Morgan Chase, Cathay Pacific Haitong's recent stock price outperformed its peers, and was an important driving factor. However, the bank is cautious about Cathay Pacific Haitong's upcoming results for the third quarter of 2026. Due to the company's relatively high stock investment exposure, investment income may be more affected by recent market weakness than its peers. The bank believes that capital flow-driven buying may maintain near-term outperformance, but after the announcement of the third quarter results, profit-related concerns may have become a greater focus, and recent stock price performance may have subsided. The bank maintains Cathay Pacific Haitong's H share “plus” rating and a target price of HK$18.
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According to a research report published by J.P. Morgan Chase, Cathay Pacific Haitong's recent stock price outperformed its peers, and was an important driving factor. However, the bank is cautious about Cathay Pacific Haitong's upcoming results for the third quarter of 2026. Due to the company's relatively high stock investment exposure, investment income may be more affected by recent market weakness than its peers. The bank believes that capital flow-driven buying may maintain near-term outperformance, but after the announcement of the third quarter results, profit-related concerns may have become a greater focus, and recent stock price performance may have subsided. The bank maintains Cathay Pacific Haitong's H share “plus” rating and a target price of HK$18.
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