JP Morgan: Maintains "overweight" rating on HKEX (00388), target price of 380 Hong Kong dollars.

J.P. Morgan released a research report stating that it maintains a "buy" rating on HKEX (00388) with a target price raised from 370 Hong Kong dollars to 380 Hong Kong dollars. The bank has raised its earnings per share forecast for HKEX this year by 4%, with next year expected to remain roughly the same. It predicts a year-on-year increase of 7% in net profit to 16.2 billion Hong Kong dollars in fiscal year 2027, and also forecasts total daily trading volumes for securities of 374 billion, 407 billion, and 454 billion Hong Kong dollars respectively for the years 2025 to 2027.