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| HSI1 | 23,654.03 | +141.54 | 212.69B |
| HSCEI1 | 8,576.75 | +56.89 | 84.72B |
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2025-06-02 10:46:28 Although HKEX (00388.HK)'s stock price has risen by about 35% this year due to upward revisions in EPS and valuation expansion, its value is still underestimated relative to the recent strong market activity levels, Goldman Sachs released a research report opining. In Goldman Sachs' estimates, in the medium term, if more A-share companies list in Hong Kong, there will be around a 15% increase potential in the average daily turnover (ADT) for FY25. Considering a 50% probability of occurrence, the broker lifted its ADT forecasts for 2026-27 by 7%/ 6% to HKD240 billion/ HKD258 billion. With more new stock listings, it also anticipated HKEX's market cap to continue expanding. Goldman Sachs revised upward its FY25-27 EPS forecasts for HKEX by 2%/ 9%/ 10% and its target price from HKD398 to HKD455, while reiterating the Buy rating. ~ AAStocks Financial News Web Site: www.aastocks.com | |