Latest Search
Quote
| Back Zoom + Zoom - | |
|
<Research>JPM Lifts HKEX's TP to HKD550 with Higher EPS Forecasts for 2026-27
Recommend 10 Positive 21 Negative 7 |
|
|
|
|
JPMorgan has published a research report estimating HKEX (00388.HK)'s 2026-28 average daily securities turnover to be HKD616 billion/ HKD665 billion/ HKD701 billion, average daily trading volume of derivative product contracts to be 1.796 million/ 2.047 million/ 2.375 million contracts, and average daily turnover of Hong Kong cash stocks (including southbound trading) to be HKD262 billion/ HKD276 billion/ HKD280 billion. In light of increased northbound trading volume and higher investment returns, JPMorgan has raised HKEX's EPS forecast for 2026-27 by 7%. It has also introduced an estimate for 2028. JPMorgan has lifted its target price for HKEX from HKD540 to HKD550 and kept the Overweight rating unchanged. AAStocks Financial News |
|
