Daiwa: Maintains "buy" rating on China CITIC Aviation Leasing (02588.HK), raises target price to HK$96.7.

According to the Zhidao Finance and Economics app, Morgan Stanley released a research report stating that it has raised the target price of Bank of China Aviation Leasing (02588.HK) from 92.7 Hong Kong dollars to 96.7 Hong Kong dollars, maintaining a "buy" rating. They are optimistic about Bank of China Aviation Leasing's high-quality aircraft assets and countercyclical strategy. They believe that aircraft manufacturers continue to increase production and that the Middle East conflict has not yet disrupted deliveries. Faster aircraft deliveries will be a key driver of profitability.