Goldman Sachs: Raises Hong Kong Stock Exchange's target price to 544 Hong Kong dollars, market undervalues southbound trading activities.

Goldman Sachs released a research report stating that combining recent trading volume trends on the Hong Kong Stock Exchange, Goldman Sachs has raised the cash ADT and earnings per share forecasts for 2025 to 2027 by 3% to 4%. Based on a 40 times price-earnings ratio in 2026, the 12-month target price has been raised by 4%, from HK$ 524 to HK$ 544, equivalent to a forecasted price-earnings ratio of 40 times for the 2026 fiscal year. The "buy" rating is maintained.