CICC: Maintaining the Hong Kong Stock Exchange's “Outperforming Industry” rating and reducing the target price by 14% to HK$310

CICC released a research report stating that it maintained the “outperforming industry” rating on the Hong Kong Stock Exchange (00388) and lowered this year's profit forecast by 5% to 12.2 billion yuan and next year's profit by 4% to 13.4 billion yuan, taking into account changes in the interest rate environment and market fluctuations. Due to fluctuating market sentiment, the target price was lowered by 14% to HK$310. The Hong Kong Stock Exchange plans to disclose first-quarter results on April 24. The bank expects revenue to drop 7% year on year to 5.17 billion yuan. Excluding investment income, main operating expenses revenue will drop 4% year on year to 3.84 billion yuan, and profit will drop 15% year on year to 2.89 billion yuan. The bank pointed out that spot trading has improved marginally and overlapped

新浪港股Apr 19 06:13 ET

CICC: Maintaining the Hong Kong Stock Exchange (00388) “Outperform the Industry” rating and lowering the target price by 14% to HK$310

The Zhitong Finance App learned that CICC released a research report stating that it maintained the Hong Kong Stock Exchange (00388) “outperforming the industry” rating and lowered this year's profit forecast by 5% to 12.2 billion yuan and next year's profit by 4% to 13.4 billion yuan, taking into account changes in the interest rate environment and market fluctuations. Due to fluctuating market sentiment, the target price was lowered by 14% to HK$310. The Hong Kong Stock Exchange plans to disclose first-quarter results on April 24. The bank expects revenue to drop 7% year on year to 5.17 billion yuan. Excluding investment income, main operating expenses revenue will drop 4% year on year to 3.84 billion yuan, and profit will drop 15% year on year to 2.89 billion yuan. The bank indicated that now

Zhitong FinanceApr 19 03:44 ET

[Broker Focus] Caitong Securities maintains the Hong Kong Stock Exchange (00388) purchase rating and is expected to maintain a high level of investment income in 2024

Jinwu Financial News | According to Caitong Securities Research, the Hong Kong Stock Exchange (00388) ADT was HK$111.2 billion in March, +23.6%/-12.1% month-on-month, and HK$99.4 billion in 2024Q1, +9.2%/-22.3% month-on-year; among them, southbound trading had an ADT of +23.3% month/year over year +23.3%/+0.9% to HK$31.7 billion in 2024Q1. Northbound trading March ADT 7.2%/+37.9% month-on-year to RMB 140.6 billion, 2024Q1

金吾財訊Apr 19 01:57 ET

Hong Kong Exchanges & Clearing Appoints Lilian Cheng as Group Chief Compliance Officer >0388.HK

Hong Kong Exchanges & Clearing Appoints Lilian Cheng as Group Chief Compliance Officer >0388.HK

Dow JonesApr 18 04:04 ET

Investing in Stock Exchanges: What ICE Brings to the Table

Yahoo FinanceApr 17 16:07 ET

Chinese Audio Platform Ximalaya Restarts Hong Kong IPO

Ximalaya has revived plans for a Hong Kong share sale, marking its third attempt to list itself following failed bids in the Asian financial hub and the US. The online audio platform operator hired Go

MT NewswiresApr 16 06:54 ET