Goldman Sachs: Maintains a "buy" rating on Hong Kong Exchange (00388) with a target price of 395 Hong Kong dollars.

Goldman Sachs has released a research report stating that it maintains a "buy" rating for Hong Kong Exchanges and Clearing Limited (00388), with projected earnings per share of 10.24 yuan, 10.09 yuan, and 10.4 yuan for the years 2024-2026. According to the Dividend Discount Model (DDM), the target price is maintained at 395 Hong Kong dollars. The bank has lowered its earnings per share forecast for Hong Kong Exchanges and Clearing Limited by 0.1% and 0.7% for the years 2024 and 2025, respectively, while raising the forecast by 0.1% for 2026, taking into account data released in December 2024 and daily average trading volume since January 2025.