---
title: "Latest Ratings and Target Prices of Major Banks for HKEX (Table)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282806222.md"
description: "HKEX will announce its first-quarter results on the 29th of this month, with expected net profit ranging from HKD 4.429 billion to HKD 4.841 billion, representing a year-on-year increase of 8.6% to 18.7%. Revenue and other income are expected to be between HKD 7.397 billion and HKD 7.827 billion, with a year-on-year increase of 7.9% to 14.1%. Investors are focused on the management's latest operational guidance and market reforms. The ratings and target prices for HKEX from 10 brokerages are as follows: JP Morgan - Overweight at HKD 550, Goldman Sachs - Buy at HKD 546, DBS - Buy at HKD 540, Citigroup - Buy at HKD 525, HSBC - Buy at HKD 520, Bank of America Securities - Buy at HKD 520, Morgan Stanley - Overweight at HKD 510, CICC - Outperform at HKD 500, Credit Lyonnais - Outperform at HKD 500, UBS - Neutral at HKD 450"
datetime: "2026-04-15T08:13:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282806222.md)
  - [en](https://longbridge.com/en/news/282806222.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282806222.md)
---

# Latest Ratings and Target Prices of Major Banks for HKEX (Table)

HKEX (00388.HK) will announce its first quarter results for this year on the 29th of this month (Wednesday). According to the company's earlier operational data, benefiting from an average daily trading amount of HKD 276.7 billion in the first three months of this year, which is a 14% increase from HKD 242.7 billion in the same period last year, and inflows from southbound funds, our comprehensive analysis of four brokerages expects HKEX's net profit for the first quarter of 2026 to be between HKD 4.429 billion and HKD 4.841 billion, an increase of 8.6% to 18.7% compared to HKD 4.077 billion in the same period of 2025, with a median of HKD 4.7 billion, representing a year-on-year increase of 15.3%.

The four brokerages also expect HKEX's revenue and other income for the first quarter of 2026 to be between HKD 7.397 billion and HKD 7.827 billion, an increase of 7.9% to 14.1% compared to HKD 6.857 billion in the same period of 2025, with a median of HKD 7.7 billion, representing a year-on-year increase of 12.3%. Geopolitical and monetary policy fluctuations may affect capital flows. Investors will focus on the latest operational guidance from HKEX's management and market deepening reforms. HKEX regained its position as the world's leading IPO market in 2025, and the market is paying attention to the latest full-year guidance provided by HKEX's management.

The table below lists the ratings and target prices (in HKD) given by 10 brokerages:

Brokerage│Investment Rating│Target Price

JP Morgan│Overweight│550

Goldman Sachs│Buy│546

DBS│Buy│540

Citigroup│Buy│525

HSBC Global Research│Buy│520

Bank of America Securities│Buy│520

Morgan Stanley│Overweight│510

CICC│Outperform│500

Citi│Confident Outperform│500

UBS│Neutral│450

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