Huaxi Securities: Initiates coverage of Hong Kong Stock Exchange (00388.HK) with a "buy" rating, benefiting from improved liquidity and accelerated IPOs.

According to the Cnfol app, Huaxi Securities has released a research report stating that it has initiated coverage of Hong Kong Exchanges and Clearing Limited (00388.HK) with a "buy" rating. The performance of the Hong Kong Exchange is expected to benefit from the deepening demand for Hong Kong stock allocation from mainland Chinese funds, the increasing attention of international capital to Hong Kong stock technology assets, and the significant acceleration of leading mainland Chinese companies listing in Hong Kong.