HSBC: Hong Kong Stock Exchange (00388.HK) performance exceeded expectations, with a solid fundamental trend.

Wisdom Financial APP learned that J.P. Morgan released a research report stating that despite strong trading volume, the stock price of Hong Kong Exchanges and Clearing Limited (00388.HK) has been declining in the past few months along with the Hang Seng Index. J.P. Morgan believes that the divergence between this stock price performance and the driving factor of fundamentals (trading volume) will create conditions for a strong upward trend in the stock price in the coming months, maintaining a "overweight" rating with a target price of 530 Hong Kong dollars.