香港交易所中报点评:2Q25:利润再创新高,投资表现亮眼

华泰证券
Aug 21, 2025

香港交易所公告2Q25业绩:收入/归母净利润72.2/44.4亿港币,同比+33/+41%,环比+5.3/+9.0%,利润好于Bloomberg一致预期的41.55亿港币,单季度盈利再创历史新高。主要预期差可能来自投资部分,尽管季度内HIBOR迅速降低,但净投资收益仍达15.42亿港币(同比/环比:+31/+16%),主要 驱动力 是保证金投资收益环比提升35%至8.6亿港币。2Q25港股现货日均...

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