UBS: Raises target price for Hong Kong Stock Exchange (00388.HK) to HK$464, maintains "Neutral" rating.
According to the Wisdom Financial APP, UBS released a research report stating that considering the market data from the third quarter of the year to the present for the Hong Kong Stock Exchange (00388.HK), the latest target for the Hang Seng Index by institutions at the end of this year, and the Federal Reserve's interest rate path forecast, UBS has raised its daily trading volume forecast for the Hong Kong Stock Exchange for 2025, 2026, and 2027 to 230 billion, 193 billion, and 219 billion respectively. The earnings forecast per share has also been increased by 5%, 3%, and 2%, respectively to 12.5 yuan, 10.9 yuan, and 11.8 yuan. The target price has been raised from 430 Hong Kong dollars to 464 Hong Kong dollars, while maintaining a "neutral" rating.
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