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.

Zhitong Finance05:47 ET

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

MT Newswires05:06 ET

[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.

金吾財訊02:45 ET

[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

金吾財訊01:41 ET

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

MT Newswires01:08 ET

[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.

金吾財訊23:17 ET