Goldman Sachs has released a research report indicating that it expects the share price of HKEX (00388) to respond positively to its second-quarter results.

The company's net profit for the second quarter reached HK$5.4 billion, marking a 21% year-on-year increase and a 4% quarter-on-quarter rise. These figures surpassed both the bank's and the market's expectations by 11% and 15%, respectively.

Revenue, excluding investment income, came in 5% higher than the bank's projections, while investment income also exceeded forecasts, driven by fair value gains from investments in unlisted companies. Goldman Sachs maintains its "Buy" rating with a target price of HK$540.