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大行评级|高盛:上调港交所目标价至524港元 上调今年至2027年盈测
HKEXHKEX(HK:00388) Ge Long Hui·2025-09-04 04:01

Core Viewpoint - Goldman Sachs reports that the Hong Kong Stock Exchange (HKEX) is taking steps towards simplifying its platform, enhancing capital efficiency for market participants, and aligning with international standards through the recent reduction of trading and settlement fees and the expansion of derivative product holding limits by the Securities and Futures Commission [1] Group 1: Revenue and Earnings Forecasts - Goldman Sachs has revised down its yield forecasts from Hong Kong's margin balances for HKEX to 1.97%, 1.39%, and 1.42% for this year, next year, and 2027 respectively [1] - The daily average sales volume for HKEX is projected to be HKD 249 billion, HKD 275 billion, and HKD 299 billion for the respective years [1] Group 2: Earnings Per Share and Target Price - The earnings per share forecasts for HKEX have been increased by 2%, 3%, and 4% for this year, next year, and 2027 respectively [1] - The target price for HKEX has been raised from HKD 509 to HKD 524, maintaining a "Buy" rating [1]