June 8, 2025 10:07 PM GMT HK Exchanges & Clearing | Asia Pacific More confidence in financial system cycle bottom; OW | What's Changed | | | | --- | --- | --- | | HK Exchanges & Clearing (0388.HK) | From | To | | Price Target | HK$440.00 | HK$500.00 | We raise our ADV and earnings forecasts for HKEX, factoring in strong YTD performance and higher confidence in a financial system cycle bottom. We expect the shift from financial tightening to development to support ADV and IPO volume amid loosening IPO requir ...

19 May 2025 | 12:58PM HKT China: Activity data weakened sequentially in April amid the US tariff hit Bottom line: China's activity data weakened sequentially in April, reflecting both the negative impact of increased US tariffs and still-soft domestic demand. Compared to market consensus, fixed asset investment (FAI) and retail sales missed modestly, while industrial production (IP) slightly beat. Retail sales growth declined in April, mainly driven by weaker automobile sales growth despite the ongoing cons ...

12 May 2025 | 5:02AM EDT Americas Transportation: US Tariff Impact Tracker – High Frequency Trends Still Point To China trade Flow Weakness to USA US Tariff Impact Tracker – Net, net, trend bifurcation continues with worries perhaps on the rise for product availability should the trade war persist given potential for freight air pocket in the 2H of the second quarter. Key observations from this week's report are as follows: Goldman Sachs Americas Transportation What the Tracker Is (Previously Published): Wh ...