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<Research>JPM: HKEX 1Q25 Results Robust; Rating Kept Neutral
Recommend 8 Positive 16 Negative 6 |
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JP Morgan issued a research report covering HKEX (00388.HK), which delivered strong set of 1Q25 results, given remarkable growth in ADT for securities and derivatives, paired with increased NII. However, looking ahead, JP Morgan expected ADT to normalize. The broker maintained a Neutral rating on HKEX, noting that sustained changes in market trading volumes and a clear timeline for the comeback of Chinese concept stocks could be potential catalysts for HKEX’s future share price performance. The target price on HKEX was HKD340. AAStocks Financial News |
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