Hong Kong Exchanges & Clearing's 2Q Earnings Likely to Be Strong -- Market Talk

Dow Jones
2025/06/18

0139 GMT - Hong Kong Exchanges & Clearing's 2Q earnings are likely to be strong, UOB Kay Hian's Kenny Lim Yong Hui says in a note. HKEX's quarter-to-date headline average daily turnover reached HK$239 billion as of June 15 thanks to increased market velocity amid U.S. tariff policy uncertainties, the analyst notes. Hence, the stock-exchange operator's net profit is expected to grow 31% from a year earlier in 2Q. Also, HKEX's IPO pipeline is recovering steadily, with 156 active applications as of May 25. The brokerage raises the stock's target price to HK$470.00 from HK$390.00 with an unchanged buy rating. Shares are 1.3% lower at HK$408.00. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

June 17, 2025 21:40 ET (01:40 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10