港交所-9 月交易量数据更新；买入
2025-10-17 01:46
Equity Research 16 October 2025 | 8:11PM HKT Hong Kong Exchanges (0388.HK): Data Update for Sep volumes; Buy We revise our HKEX 2025E/26E/27E EPS by +0.8%/-0.5%/+0.1%, to incorporate disclosed Sep'25 volumes and Oct'25 MTD volumes. We also introduce FY2028E EPS at HK$15.4. There is no change to our investment thesis or Buy rating on HKEX. Our 3-stage DDM-derived 12m target price remains unchanged at HK$544, indicating a 40X 2026E P/E. Price Target, Risks and Methodology - Hong Kong Exchanges We are Buy rate ...