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<Research>G Sachs: HKEX (00388.HK) Rating Kept at Buy as Quarterly Results Beat
Recommend 28 Positive 32 Negative 18 |
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HKEX (00388.HK)'s 1Q26 EPS was $4.1, up 27% YoY/ 20% QoQ each, 11% ahead of the expectations of Goldman Sachs and the market, Goldman Sachs published a research report saying. The broker expected a positive share price reaction. The beat was mainly driven by strong cash trading fees and custody & service fees income, alongside higher listing fee income and increased investment income from the derivatives and commodities segment. Therefore, Goldman Sachs kept rating at Buy on HKEX, with a target price of $528. Auto-translated by AI AASTOCKS Financial News |
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