GJ-HKEX@EC2611B

HKEx Announced 2026 First Four Months Average Daily Volume of Futures and Options Contracts

LME CEO: Hong Kong Warehouse Growth Exceeds Expectations, 1-2 New Warehouses Expected by Year-End

Morgan Stanley Raises Target Price and Rating for HKEX

JPMorgan Upgrades Hong Kong Exchanges to 'Overweight' with Target Price of HKD 535

HKEX Studies Optimization of Market Volatility Regulation Mechanism

HSBC Raises Hong Kong Exchanges Target Price to HKD 528, Maintains Buy Rating

HKEX Reports Exceeding Expectations with Significant Growth in First Quarter Revenue and Profit

UOB Kay Hian Raises Target Price for HKEX to HKD 556

HKEX CEO Chen Yiting Emphasizes Diversification of Securities Market

Citibank Raises Target Price for HKEX to HKD 530

Goldman Sachs Maintains 'Buy' Rating and Sets Target Price for Hong Kong Exchanges

HKEX released FY2026 Q1 earnings on April 29 Pre-Market (BJT), actual revenue HKD 8.203 B (forecast HKD 7.522 B), actual EPS HKD 4.09 (forecast HKD 3.6013)

JPMorgan Increases Holding in Hong Kong Exchanges and Clearing

JPMorgan Cuts Hong Kong Exchanges Target Price but Maintains Overweight Rating

HKEX to Launch 17 Weekly Contract Categories of Stock Options in June 2026

Morgan Stanley Predicts HKEX's Q1 Revenue and Profit Growth

HKEX Updates Auditor Appointment Rules to Enhance Audit Independence

HKEX to Release FY2026 Q1 Earnings on April 29 Pre-Market (BJT), Forecast Revenue HKD 7.556 B, EPS HKD 3.6154

HKEX Releases Optimized Listing System for Structured Products

HKEX Proposes Shortening HK Stock Market Settlement Cycle to T+1

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GOLD

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Hong Kong Exchanges and Clearing (HKEX) plans to relaunch gold futures to establish the city as an international gold trading hub amid market volatility. The exchange's head, Gregory Yu, indicated that the proposal aims to meet investor demand for risk diversification due to geopolitical tensions. Previous attempts to launch gold futures in 2008 and 2017 failed due to low liquidity. HKEX will consult stakeholders to refine contract designs and improve delivery mechanisms, as gold prices fluctuate significantly amid global conflicts.

Hong Kong Exchanges and Clearing (HKEX)

HKEX

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Thomson Reuters

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Hong Kong bourse proposes to revive gold futures as volatility grips market

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The Hong Kong Exchange plans to relaunch gold futures trading, its fourth attempt since 1980, due to past challenges with low trading volumes and liquidity. The government is enhancing the clearing system, expanding storage capacity, and offering tax incentives to create a robust ecosystem for physical delivery and leverage the untapped 'Asian gold pricing power.'

CoinLive

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PRECIOUS METALS | Hong Kong Exchange Plans to Relaunch Gold Futures Trading

HKEX CEO Bonnie Chan announced at the LME Asia Metals Seminar that the number of LME-approved warehouses in Hong Kong has reached 15, nearing saturation. She noted that geopolitical tensions are leading global investors to diversify their allocations, increasing capital flows to Asia and the Hong Kong market, which shows significant growth potential. This trend has positively impacted both Hong Kong's capital markets and the LME non-ferrous metals market.

AASTOCKS News

HKEX Bonnie Chan: No. of LME-Approved HK Warehouses Nearing Saturation; Geopolitical Tensions Drive Capital to HK Mkt

Morgan Stanley has raised its target price for HKEXfrom HKD510 to HKD515 while maintaining an Overweight rating. The broker slightly adjusted its forecasts for derivatives ADV, expecting futures and options ADV to grow by 6% and 10% YoY this year. Additionally, EPS forecasts for HKEX for 2026-28 have been increased by 1.7%, 1%, and 0.4%, with predicted EPS growth of 2.8%, 6.8%, and 6.9% over the same period.

Morgan Stanley

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MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

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M Stanley Raises HKEX  TP to HKD515, Maintains Overweight

JPMorgan's report reveals that the Hong Kong Exchangeachieved a net profit of 5.2 billion yuan in Q1, marking a 20% quarter-on-quarter increase and a 27% year-on-year rise. This profit surpassed expectations by 9%, driven by strong performance across all business segments. The trading volume of securities and derivatives remained robust, and the stock is expected to respond positively. JPMorgan has assigned an 'overweight' rating to the exchange with a target price of 535 Hong Kong dollars.

JPMorgan Chase

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

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JPMorgan Chase & Co.

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JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

Hong Kong Exchange's Q1 Net Profit Surpasses Expectations

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Hong Kong Exchanges and Clearing Limited (HKEX) plans to restart gold futures trading. Head of Markets, Yu Xueqin, announced that the exchange will consult with market participants to optimize contract design and improve mechanisms. He emphasized the need for investors to diversify risks due to geopolitical influences, making the integration of gold futures with Hong Kong's physical gold ecosystem essential. HKEX aims to continue research to meet investor needs and enhance growth in new futures product trading.

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

Hong Kong Stock Exchange plans to restart gold futures trading

Hong Kong Exchange Market Director Yu Xueqin announced plans to optimize gold futures amid geopolitical concerns during a Legislative Council meeting on May 4. The exchange will gather feedback from market participants to enhance contract design and mechanisms. Yu stressed the need for risk diversification in gold trading and reserves, linking it to Hong Kong's physical gold ecosystem. The exchange aims to research and cater to investor demands to foster growth in new futures product trading.

Hong Kong Exchange to Optimize Gold Futures Amid Geopolitical Concerns

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.

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

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Acting Secretary Chan Ho-lim announced that Hong Kong is advancing its gold market development, including increasing storage capacity and establishing a Gold Central Clearing System, with a trial run expected this year. The government aims to expand storage to over 2,000 metric tonnes in three years, with a project at the airport for 1,000 metric tonnes. HKEX is set to resume gold futures trading soon, optimizing contract design and delivery mechanisms.

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Chan Ho-lim: Gold Central Clearing System Targets Trial Run Within Year; HKEX  to Resume Gold Futures Trading in Coming Months

Today’s Key News Recap

0428 | Dolphin Research Focus: 🐬 Macro/Industry. 1) The CPC Politburo met on Apr 28 to assess the current economy and economic work.It said the economy remains broadly stable with a solid start, and recovery resilience continues to build. However, endogenous momentum still needs consolidation, and the foundation for the upturn is not yet firm.The meeting reaffirmed the principle of seeking progress while maintaining stability. Policy will stay proactive on the fiscal side and prudent on the monetary side, using targeted measures to stabilize the macro backdrop.Priorities include boosting domestic demand and defusing property and local gov. debt risks in an orderly manner. It will also push forward 'AI+' and other industrial upgrade initiatives...

TENCENT

Tencent Holdings Limited

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CATL

Robinhood

Luckin Coffee

Coca Cola

BYD COMPANY

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BYD HK SDR 10to1

BYD Company Limited

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EASTROC BEVERAGE

EASTROC

Tencent HK SDR 10to1

CATL HK SDR 30to1

CATL's discounted equity raise rattles market; Tencent Cloud up for a third straight session YTD | Daily News Recap

For myself, I would rather add bank than short it. This is in context of the local big bank which I had crash bought back during the COVID panic. For long term hold, accumulation on opportunity is my preference.

🇺🇸🇭🇰🇸🇬 Big moves across US, HK, SG markets. Join the chat &amp; earn Task Coins!

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Suntec Reit

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☕️ [Task Coins Giveaway] Daily Market Talk

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GraniteShares 2x Long NVDA Daily ETF

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T-Rex 2X Inverse NVIDIA Daily Target ETF

Direxion Daily AMZN Bull 2X Shares

0203 | Dolphin Research Focus: Macro/Industry. In early trading, Hong Kong stocks plunged on unverified tax rumors about revising the High-Tech Enterprise qualification and raising tax rates for internet and gaming. Against the backdrop that VAT changes for the telecom sector have already taken effect, the chatter quickly spread.It triggered a broad selloff across HK tech, internet, and gaming. Valuations were hit in the short term, risk aversion spiked, and funds rotated to safety.Dolphin Research has issued a First Take on this. See 'China ADRs: Tax Hike Rumor — The rationale behind the false alarm'...

Webull

Tesla

Uber Tech

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Tax-hike rumors rattled the market; Dongpeng Beverage's debut was 'lukewarm' | Daily News Recap

0109 | Dolphin Research Focus. 🐬 Macro/Industry 1) HKEX announced it will add six stock options effective Jan 19, covering names such as Zijin Gold Intl, Laopu Gold, and Horizon Robotics.The additions broaden derivatives choices and offer more risk management tools. They should also help lift liquidity in the underlying names.🐬 Single Stock 1) $Taiwan Semiconductor(TSM.US) TSMC reported Dec revenue of NT$335.03bn, down 2.5% MoM but up 20.4% YoY. 2025 YTD revenue rose 31.6% YoY...

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TSM Q4 rev. seen >NT$1 tn; GOOGL integrates Gemini into Gmail | Daily News Recap

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Long-rumored Kunlun Chip spin-off is now official as $Baidu(BIDU.US) announced it.On Jan 2, BIDU proposed to spin off Kunlun Chip Technology for an independent listing on the HKEX Main Board, while retaining control (59.45%).BIDU has filed confidentially, and the detailed prospectus is not yet public.Based on available information, Dolphin Research will first outline a few key questions.1. Kunlun Chip's origins and evolution? It traces back to BIDU's FPGA accelerator project launched in 2011...

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Kunlun Chip IPO fast-tracks: Is BIDU's Google moment here?

1209 | Dolphin Research Focus: 🐬 Macro/Industry 1) Hong Kong Exchanges and Clearing Ltd. (HKEX) announced the HKEX Tech 100 Index, tracking the 100 largest Southbound Stock Connect-eligible tech names across six themes, including AI, biotech, and autonomous driving. The index fills a gap for a broad-based vehicle covering diversified China tech in HK and could attract more southbound flows.🐬 Single Stock 1) $NVIDIA(NVDA.US). Trump posted on Truth Social...

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Bio-Techne

HKEX debuts flagship Tech Index; NVDA H200 cleared for China exports | Daily News Recap

GJ-HKEX@EC2611B(28878.HK)

Hong Kong bourse proposes to revive gold futures as volatility grips market

PRECIOUS METALS | Hong Kong Exchange Plans to Relaunch Gold Futures Trading

HKEX Bonnie Chan: No. of LME-Approved HK Warehouses Nearing Saturation; Geopolitical Tensions Drive Capital to HK Mkt

M Stanley Raises HKEX TP to HKD515, Maintains Overweight

Hong Kong Exchange's Q1 Net Profit Surpasses Expectations