Dahua Continues to Show Strength: Raises Target Price of Hong Kong Stock Exchange (00388.HK) to 470 Hong Kong Dollars, Adjusts ADT and Profit Forecast
Zhixin Finance APP learned that Dahua Jixian released a research report stating that considering the recent trends, it has raised the overall ADT forecasts for Hong Kong Stock Exchange (00388.HK) for the years 2025 to 2027 by 9.5%, 11.1%, and 9.8%, respectively, to 200.3 billion, 204.4 billion, and 228.2 billion RMB. It also increased the profit forecasts for the years 2025 to 2027 by 3.1%, 4%, and 3.1%, respectively. The bank maintains a "buy" rating for the Hong Kong Stock Exchange and has raised the target price from 390 Hong Kong dollars to 470 Hong Kong dollars.
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