Western Securities: Maintain "Buy" rating on Hong Kong Exchanges and Clearing Limited (00388.HK) Q3 trading activity at a high level, driving the company's profits to a new high.

According to the Wise Guys App, Western Securities released a research report stating that it maintains a "buy" rating for the Hong Kong Stock Exchange (00388.HK) and is optimistic about the deepening of mutual connectivity and the appreciation of the RMB, increasing the company's 25-year net profit to 18 billion Hong Kong dollars. The Hong Kong Stock Exchange released its third quarter report for 2025, with the company achieving operating income and net profit attributable to shareholders of 21.85 billion and 13.42 billion Hong Kong dollars, respectively, in the first three quarters of 2025, representing a year-on-year increase of 36.6% and 44.8% respectively. Among them, in the third quarter of 2025, the company achieved operating income and net profit attributable to shareholders of 7.78 billion and 4.9 billion Hong Kong dollars, respectively, representing a year-on-year increase of 44.7% and 55.8%, and a quarter-on-quarter increase of 8% and 10%, slightly exceeding the bank's previous expectations. The quarterly net profit reached a record high.