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Hong Kong Exchanges & Clearing Raised to Buy From Hold by DBS Group Research >0388.HK
Hong Kong Exchanges & Clearing Target Price Raised to HK$377 From HK$245 by DBS Group Research >0388.HK
HK stock market anomaly | Hong Kong Stock Exchange (00388) rebounds by over 5%, expecting to release third quarter performance on October 23rd. The active market at the end of September is expected to boost revenue during the uplifting period.
HKEX (00388) rebounded more than 5%, as of press time, up 5.4%, at 339.4 Hong Kong dollars, with a turnover of 4.111 billion Hong Kong dollars.
DBS Bank: Upgraded Hong Kong Exchanges and Clearing Limited (00388) rating to "buy" with a target price raised to 377 Hong Kong dollars.
DBS also raised its forecast for the average daily trading volume (ADT) of the Hong Kong Stock Exchange to 120 billion yuan and 144 billion yuan for the next two years.
UOB Kay Hian Downgrades Hong Kong Exchanges and Clearing to Hold From Buy; Price Target Is HK$355
Favorable Trends Are Unfolding for HKEX, OCBC Says -- Market Talk
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