---
title: "JP Morgan raises HKEX's earnings per share forecast for the next two years, target price adjusted to HKD 550"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278651855.md"
description: "JP Morgan released a research report, expecting the Hong Kong Stock Exchange's earnings per share to be adjusted upward by 7% over the next two years, with the target price raised from HKD 540 to HKD 550. It forecasts the average daily trading volume of securities from 2023 to 2028 to be HKD 616 billion, HKD 665 billion, and HKD 701 billion, respectively, with the average daily trading volume of derivative contracts expected to be 1.796 million, 2.047 million, and 2.375 million contracts. The forecast for the average daily trading volume of cash stocks in Hong Kong is HKD 262 billion, HKD 276 billion, and HKD 280 billion, maintaining an \"overweight\" rating"
datetime: "2026-03-11T03:21:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278651855.md)
  - [en](https://longbridge.com/en/news/278651855.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278651855.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278651855.md) | [繁體中文](https://longbridge.com/zh-HK/news/278651855.md)


# JP Morgan raises HKEX's earnings per share forecast for the next two years, target price adjusted to HKD 550

JP Morgan published a research report, estimating that the average daily trading volume of securities on the Hong Kong Stock Exchange (00388.HK) will be HKD 616 billion, HKD 665 billion, and HKD 701 billion from this year to 2028; the average daily trading volume of derivative contracts is forecasted to reach 1.796 million, 2.047 million, and 2.375 million contracts; the average daily trading volume of Hong Kong cash stocks (including southbound trading) is projected to be HKD 262 billion, HKD 276 billion, and HKD 280 billion.

The bank raised its earnings per share forecast for the Hong Kong Stock Exchange for the next two years by 7% each, citing increased northbound trading volume and higher investment income, and introduced estimates for 2028. It also raised its target price from HKD 540 to HKD 550, maintaining an "overweight" rating

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