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| HSI1 | 22,848.50 | +72.58 | 155.27B |
| HSCEI1 | 8,303.01 | +2.76 | 60.36B |
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2025-04-28 15:43:55 HKEX (00388.HK)'s share price recovered about 14% from its low since early-April, compared to the HSI's 11% rise in the same period, JPMorgan released a research report saying. As the market turnover has recovered to a more normal level from the peak daily average of about $297 billion in recent days, the average daily turnover at the current price level would need to reach $170 billion-$190 billion per day in order to be reasonable. JPMorgan recommended investors to take profits and leave the market first if the share price hikes again. Therefore, the broker downgraded HKEX from Overweight to Neutral, with a target price of $340. ~ AAStocks Financial News Web Site: www.aastocks.com | |