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<Research>DBS Lifts ADT Forecast for HKEX; Rating Reiterated Buy
Recommend 6 Positive 13 Negative 8 |
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DBS Research has issued a report anticipating the momentum in the Hong Kong bourse to remain strong and raising its 2025-26 average daily turnover (ADT) forecast for HKEX (00388.HK) to HKD258 billion and HKD275 billion, respectively. The report underscored positive tailwinds like improved liquidity and investment sentiment, the attractive valuation of Hong Kong tech stocks compared to other markets, as well as supportive government policies and stimulus measures. DBS Research reiterated a Buy rating on HKEX, with a target price of HKD540 remaining in place. AAStocks Financial News |
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