00388 HKEX
- 262.000
- +11.800+4.72%
HKEX News
Changes in Hong Kong stocks | The Hong Kong Stock Exchange (00388) rose more than 5%, and the net profit per share in the first quarter is expected to increase, and investment and financing activity in the Hong Kong stock market is expected to increase
The Zhitong Finance App learned that the Hong Kong Stock Exchange (00388) has risen by more than 5%, and has accumulated an increase of more than 20% in the past six trading days. As of press release, it rose 4.32% to HK$261, with a turnover of HK$1,816 billion. Goldman Sachs published a research report indicating that the Hong Kong Stock Exchange benefited from increased investment income, and net profit per share in the first quarter beat expectations. Since there is no management meeting to announce quarterly results, the bank is expected to drive stock prices by rising average daily turnover (ADT) of equity securities, stock market liquidity reforms, and revenue growth related to derivatives. The market expects ADT to bottom out in the first half of the year and then pick up. The market is expected to increase its earnings per share. Consider the first quarter results and
North and South Water | Rare! Nanshui Net bought 22.4 billion A shares, bucking the trend and reducing bank stock positions; Beishui continued to increase its holdings at the Bank of China and the Hong Kong Stock Exchange
Northbound's net purchase of A-shares was $22.4 billion, and Southbound's net purchase of Hong Kong shares was HK$1,174 billion.
Beishui Trends | Beishui Transactions made a net purchase of 1,174 billion yuan, added domestic capital to the Bank of China (03988) and sold the Yingfu Fund (02,800) for nearly 900 million yuan
On April 26, in the Hong Kong stock market, Beishui had a net purchase of HK$1,174 million, of which Hong Kong Stock Connect (Shanghai) had a net purchase of HK$108 million and Hong Kong Stock Connect (Shenzhen) had a net purchase of HK$1,065 million.
Dahua Jixian: Upgraded the Hong Kong Stock Exchange rating to the “buy” target price to HK$285
Dahua Jixian released a research report saying that it raised the Hong Kong Stock Exchange (00388) rating to “buy” and is more optimistic about the profit outlook because the recovery in average daily turnover is encouraging, and net interest income is resilient in a longer-than-expected high interest rate environment, raising the HKEx's profit forecast for 2024 to 2026 by 6.7%, 1.4% and 1.6%, respectively. The target price was raised from HK$262 to HK$285. According to the report, the company's profit for the first quarter was 2.97 billion yuan, 6.7% higher than the bank's expectations, mainly due to better external portfolio returns and higher transaction fees on the London Metal Exchange.
Hong Kong Stock Exchange (00388.HK) gains 4.0152 million shares from J.P. Morgan
Glonghui, April 26 | According to the Stock Exchange's latest equity disclosure data, on April 22, 2024, the Hong Kong Stock Exchange (00388.HK) obtained JPMorgan Chase & Co. increased its holding of 4,015,000 shares at an average price of HK$220.7378 per share, involving approximately HK$886 million. After the increase in holdings, JPMorgan Chase & Co.'s latest number of open positions was 66.6473 million shares, and the holding ratio increased from 4.94% to 5.25%.
Beishui Trends | Beishui Trading made a net purchase of 1.88 billion domestic bank stocks, and the Hong Kong Stock Exchange (00388) continues to be sought after by domestic investors
On April 25, in the Hong Kong stock market, Beishui made a net purchase of HK$1.88 billion, of which the Hong Kong Stock Connect (Shanghai) transaction made a net purchase of HK$1.705 billion and the Hong Kong Stock Connect (Shenzhen) transaction made a net purchase of HK$175 million.
Nomura Adjusts Hong Kong Exchanges And Clearing's Price Target to HK$324.31 From HK$322.28, Keeps at Buy
Hong Kong Exchanges And Clearing (HKG:0388) has an average rating of outperform and price targets ranging from HK$220 to HK$356, according to analysts polled by CapitalIQ. Price (HKD): $246.80, Change
[Broker Focus] Caitong Securities maintains a “buy” rating on the Hong Kong Stock Exchange (00388), indicating that further deepening connectivity is expected to enhance the company's long-term competitiveness
Jinwu Financial News | According to CaiTong Securities Research Report, the 2024Q1 Hong Kong Stock Exchange (00388) revenue and other revenue was HK$5.201 billion, +7.1%/-6.4% month-on-month; of these, the company's main business revenue was +2.6% month-over-month/-4.2% month-on-month to HK$3,847 billion, and margin and own capital investment income was +25.2%/-12.6% month-on-month to HK$1,342 billion. Net profit attributable to mother was HK$2,970 million, +14.4%/-12.9% month/year over year. The company's spot market trading activity is still weak, but the margins have stabilized somewhat.
[Hong Kong Stock Connect] Hong Kong Stock Exchange (00388) rises 3.5%, institutions say net investment income will continue to support profits
Jinwu Financial News | The Hong Kong Stock Exchange (00388) continued to rise. As of press time, it reported HK$247.4, up 3.51%, with a turnover of HK$2.95 billion. Notably, the stock's cumulative increase in the past 4 trading days has reached 15.38%. According to the Nomura Research Report, the Hong Kong Stock Exchange's revenue for the first quarter of 2024 increased 7% quarterly to HK$5.2 billion, 5% higher than the bank's forecast; net profit increased 14% to HK$3 billion for the quarter, 6% higher than the bank's forecast. Earnings and earnings for the first quarter were better than expected, mainly from investment earnings. The bank raised the HKEx target price by 0.6% from HK$322.28
HKEX Appoints Chairman
Hong Kong Exchanges and Clearing (HKG:0388), or HKEX, appointed Carlson Tong as chairman of the board, according to an April 24 filing. Tong will succeed Laura Cha, who retired from the board, effecti
[Broker Focus] Nomura slightly boosts Hong Kong Stock Exchange (00388) target price by 0.6%, indicating that first-quarter revenue and profit beat expectations
Jinwu Financial News | According to the Nomura Research Report, the revenue of the Hong Kong Stock Exchange (00388) for the first quarter of 2024 increased 7% to HK$5.2 billion quarterly, 5% higher than the bank's forecast; net profit increased 14% to HK$3 billion for the quarter, 6% higher than the bank's forecast. Earnings and earnings for the first quarter were better than expected, mainly from investment earnings. The bank raised its target price on the Hong Kong Stock Exchange by 0.6% from HK$322.28 to HK$324.31, giving it a “buy” rating.
Changes in Hong Kong stocks | The Hong Kong Stock Exchange (00388) rose more than 4%. In March and April, the average daily turnover of Hong Kong stocks rebounded markedly, and investor confidence recovered
The Hong Kong Stock Exchange (00388) rose more than 4% and rose 4.27% at press time to HK$249.2, with a turnover of HK$1.84 billion.
Hong Kong Stock Exchange (00388) appoints Tang Ka-shing as Chairman of the Board to replace Smellen
The Hong Kong Stock Exchange (00388) issued an announcement deciding to appoint Tang Ka-shing to replace the Hong Kong Stock Exchange 2024 held today...
Trends in Beishui | After a net purchase of 1,995 billion Hong Kong Stock Exchange (00388) results, Beishui Trading received 700 million yuan in foreign exchange control (00005) and continued to be sold off
On April 24, in the Hong Kong stock market, Beishui made a net purchase of HK$1,995 million, of which the Hong Kong Stock Connect (Shanghai) transaction made a net purchase of HK$1,597 million, and the Hong Kong Stock Connect (Shenzhen) transaction made a net purchase of HK$398 million.
Citibank: Maintains “Sale and Sale” rating on the Hong Kong Stock Exchange with a list price of HK$215
Citi released a research report stating that it maintains the “sell and sell” rating on the Hong Kong Stock Exchange (00388), with a target price of HK$215. The company's net profit for the first quarter of this year was 3 billion yuan, up 14% quarterly (down 13% year on year), higher than market expectations. Core revenue increased 2% quarterly and 6% year over year, which was generally in line with market expectations. Investment income of 1.3 billion yuan rose 25% quarterly (down 13% year on year), better than market expectations by 23%, driven by additional portfolio income. The bank pointed out that the overall profit of the Hong Kong Stock Exchange last quarter was 9% higher than market expectations, but the bank believes that this may mainly be the result of external portfolio earnings, but it also indicates this
Citibank: Maintains Hong Kong Stock Exchange (00388) “Sale” rating with a list price of HK$215
The Zhitong Finance App learned that Citi released a research report stating that it maintains the Hong Kong Stock Exchange (00388) “sell and sell” rating, with a target price of HK$215. The company's net profit for the first quarter of this year was 3 billion yuan, up 14% quarterly (down 13% year on year), higher than market expectations. Core revenue increased 2% quarterly and 6% year over year, which was generally in line with market expectations. Investment income of 1.3 billion yuan rose 25% quarterly (down 13% year on year), better than market expectations by 23%, driven by additional portfolio income. The bank pointed out that the overall profit of the Hong Kong Stock Exchange last quarter was 9% higher than market expectations, but the bank believes this may mainly be external portfolio revenue
HKEX's Q1 Profit Falls 13% as Revenue Slides 6%
Hong Kong Exchanges and Clearing or HKEX's (HKG:0388) attributable profit fell 13% to HK$2.97 billion, or HK$2.34 per share, in the first quarter from HK$3.41 billion, or HK$2.69 in the year-ago perio
CICC 24Q1 Active Equity Fund Analysis: The ratio of Hong Kong stocks showed an increase in the energy and raw materials industries and a significant increase in holdings
In terms of asset allocation, there has been a correction in stock positions, and the Hong Kong stock ratio has shown an increase. In terms of Hong Kong stocks, heavy holdings are concentrated in the IT industry, energy industry, non-essential consumption and healthcare industries. Among them, the energy industry and raw materials industry saw significant increases in 2024Q1.
HKEX's Profit Falls for Second Straight Quarter on Weak Trading, Listings -- Update
Hong Kong's stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity in the Asian financial hub.
Hong Kong Stock Exchange (00388) Chen Yiting: The average daily turnover of Hong Kong stocks rebounded markedly in March and April, and investor confidence recovered
The Zhitong Finance App learned that on April 24, Chen Yiting, CEO of the Hong Kong Stock Exchange (00388), stated in the performance announcement that the group showed strength and resilience in the first quarter of this year.
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