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<Research>HSBC Research Raises HKEX (00388.HK) 2026/ 2027 Earnings Forecasts, Lifts TP to $520
Recommend 14 Positive 29 Negative 4 |
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HKEX (00388.HK)'s 4Q25/ 2025 EPS were $3.43/ $14.05, beating expectations, HSBC Global Research issued a research report saying. Its 4Q25 total revenue increased by 14.6% YoY, while cost control performance was surprisingly good, with operating expenses growing by 0.8% from that in the same period last year. HSBC Global Research raised its 2026/ 2027 earnings forecasts by 3%/ 1.8%, and lowered its 2026/ 2027 average daily turnover (ADT) projections for Hong Kong equities to $252 billion/ $265 billion, respectively. Therefore, the broker lifted its target price from $510 to $520, with rating kept at Buy. AASTOCKS Financial News Website: www.aastocks.com |
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