Citigroup: downgrades HKEX (00388) earnings per share forecast, target price lowered to HK$505.
This line lowered Hong Kong Exchange's earnings per share forecast for the fiscal years 2025 to 2027 by 1%, mainly due to a 1% to 3% downward revision in the forecasted daily average trading volume of Hong Kong stocks.
Citigroup released a research report, stating that they have updated the model for HKEX (00388) and slightly lowered the earnings forecast per share for the fiscal years 2025 to 2027 by 1% after considering the trading data on November 25th this year, mainly due to a 1% to 3% reduction in the forecast for daily average trading volume in Hong Kong stocks; Citigroup maintains a "buy" rating for HKEX with a target price lowered from 515 Hong Kong dollars to 505 Hong Kong dollars.
Related Articles
Software crashed together? Roblox (RBLX.US): It has an ecological closed-loop, Genie can't break.
Industrial: Hong Kong stock market sentiment index has reached the bottom area.
"The 'Chinese Choice' for Global SiC Core Customers: Why TIANYU SEMI (02658)?"
Software crashed together? Roblox (RBLX.US): It has an ecological closed-loop, Genie can't break.
Industrial: Hong Kong stock market sentiment index has reached the bottom area.
"The 'Chinese Choice' for Global SiC Core Customers: Why TIANYU SEMI (02658)?"
RECOMMEND
Nine Companies With Market Value Over RMB 100 Billion Awaiting, Hong Kong IPO Boom Continues Into 2026
07/02/2026
Hong Kong IPO Cornerstone Investments Surge: HKD 18.52 Billion In First Month, Up More Than 13 Times Year‑On‑Year
07/02/2026
Over 400 Companies Lined Up For Hong Kong IPOs; HKEX Says Market Can Absorb
07/02/2026
