Daiwa: Raises target price of Hong Kong Stock Exchange (00388.HK) to 440 Hong Kong dollars, maintains "Buy" rating.

According to the Wisdom Financial News APP, Morgan Stanley released a research report stating that it has raised its target price for the Hong Kong Stock Exchange (00388.HK) by 13.7%, from HK$387 to HK$440, maintaining a "buy" rating. Morgan Stanley believes that the Hong Kong Exchange is prepared for potential delistings of Hong Kong ADRs, but their strategic team does not see clear details or legal support.