Lates News

Goldman Sachs released a research report stating that combining recent trading volume trends of Hong Kong Exchanges and Clearing Limited (00388), Goldman Sachs raised its cash ADT and earnings per share forecasts for 2025 to 2027 by 3% to 4% and based on a 40 times P/E ratio for 2026 (unchanged), raised the 12-month target price by 4% from HK$524 to HK$544. This is equivalent to a forecasted P/E ratio of 40 times for the 2026 fiscal year; maintaining a "buy" rating.