Open Source Securities maintains a "buy" rating for Hong Kong Exchanges and Clearing Limited (00388.HK) as its Q3 performance meets expectations.

The Wise Finance APP learned that Open Source Securities released a research report stating that the return of AtoH tide and Chinese concept stocks, driving the long-term expansion of assets in the Hong Kong stock market, and the continuous net inflow of southbound funds driving the trading volume in the Hong Kong stock market remain active. Hong Kong Exchanges and Clearing (00388.HK) related income from ADT has shown high growth, and is expected to benefit from the return of foreign capital brought about by the Fed's interest rate cuts. The company's fundamentals are expected to remain strong, maintaining a "buy" rating. In the first three quarters of 2025, the company's revenue and other income/shareholder's net profit were 21.85/13.42 billion Hong Kong dollars, with Q3 alone reaching 7.8/4.9 billion Hong Kong dollars, in line with the bank's expectations.