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| HSI1 | 24,253.70 | +42.35 | 86.16B |
| HSCEI1 | 8,149.99 | +2.12 | 23.86B |
| Back Zoom + Zoom - Block Traded | |
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2026-10-12 10:31:54 HKEX (00388.HK) will announce its 3Q26 results on November 6, Goldman Sachs said in a report. The broker forecast 3Q EPS to be HKD3.76, down 12% QoQ and down 3% YoY, marking the first YoY earnings decline since 2Q24. The earnings decline was a reflection of slower trading activity across market segments during the quarter, affected by higher interest rates, geopolitical tensions and a slowdown in the AI rally. The broker noted that 3Q ADT fell to HKD254 billion, down 11% YoY, dented by a 30% YoY downfall in southbound trading turnover, reflecting softness in tech stocks. The HSTECH retreated 14% in 3Q from its early-August peak. The IPO application pipeline remained strong, with 116 new applicants added during the quarter and a total of 577 applications under processing as of September. The broker trimmed its 2026-29 EPS forecasts by 1-2%, and cut the TP from HKD532 to HKD523. It maintained a Buy rating. ~ AASTOCKS Financial News Website: www.aastocks.com | |