Citigroup: Upgrades East Asia Bank's rating to Buy.

Citigroup released a research report on Bank of East Asia, stating that looking ahead, the company's basic operating performance may exceed market expectations, and its valuation is attractive. It was previously included in the Hang Seng Composite Index, which means it may be included in the Hong Kong stock connect in the future. Therefore, the investment rating has been upgraded from "neutral" to "buy", and the target price has been raised from HK$14.9 to HK$16.