CICC: Maintains "Outperform" rating on Hong Kong Exchanges and Clearing (00388.HK), target price HK$520

Zhitong Finance APP has learned that CICC released a research report stating that Hong Kong Exchanges and Clearing Limited (00388.HK) plans to disclose its Q3 2026 results on November 6. The bank expects the company's 3Q26 revenue to be flat year-on-year and down 9% quarter-on-quarter to HK$7.78 billion, main fee-based revenue excluding investment income to decline 1% year-on-year and 7% quarter-on-quarter to HK$6.67 billion, and profit to fall 2% year-on-year and 11% quarter-on-quarter to HK$4.81 billion. For the first three quarters of 2026, the company's total revenue and profit are expected to grow 12% and 15% year-on-year to HK$24.48 billion and HK$15.38 billion, respectively.