JPM: HKEX 1Q26 Net Profit +27% YoY Beats; Rated Overweight

AASTOCKS News
2026.05.04 07:08
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JPMorgan reported that HKEXachieved a net profit of HKD5.2 billion in 1Q26, marking a 27% year-over-year increase and a 20% quarter-over-quarter rise, surpassing forecasts by 9%. Strong revenue across all segments and effective cost control contributed to this performance. The broker has rated HKEX as Overweight with a target price of HKD535, anticipating a positive reaction in share prices.