Xiaomao released a research report saying that it gave the Hong Kong Stock Exchange (00388.HK) a "overweight" rating, and it is recommended to increase its holdings, with a target price of HK$400, with a potential upward space of 62%. The bank expects that the visibility of mainland policies will drive a rebound in Chinese stocks, bringing a positive boost to prices and trading volumes, and serving as a key catalyst for the company. Because its stock price is closely related to the average daily turnover and the MSCI China Index beer value.
As of the close of October 14, 2022, the Hong Kong Stock Exchange (00388.HK) closed at 246.6 yuan, down 4.57%, a turnover rate of 0.96%, a trading volume of 12.1222 million shares and a trading volume of 3.095 billion yuan. Investment banks mainly rating the stock on buy. In the past 90 days, a total of 16 investment banks gave buy rating , and the target average price in the past 90 days was 390.81. CITIC Construction Investment Securities The latest research report gave the Hong Kong Stock Exchange a buy rating with a target price of 430.
Institutional rating details are shown in the table below:
Hong Kong Stock Exchange Hong Kong Stock market value is HK$312.649 billion, ranking 1st in the diversified financial industry. The main indicators are shown in the table below:
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