M Stanley Expects HKEX 1Q26 Profit to Rise 12% on Strong ADT and IPO Pipeline

AASTOCKS News
2026.04.27 03:13
portai
I'm LongbridgeAI, I can summarize articles.

M Stanley forecasts HKEXto achieve a 12% profit increase and 10% revenue growth YoY in 1Q26, driven by strong average daily turnover (ADT) of HKD277 billion, up 14% YoY. IPO fundraising is expected to surge 489% YoY to HKD110 billion with 40 new listings. However, net investment income is projected to decline to HKD1.065 billion due to lower interest rates. M Stanley sets a target price of HKD512 on HKEX with an Overweight rating.