Understanding the Market | HKEX rose over 5% in the late trading session, with the number of applications reaching a new high for this phase. The recent strength of the Hong Kong stock market supports the stock price of HKEX
Zhitong·- Hong Kong Exchanges and Clearing (00388) saw a nearly 5% increase, reaching 335 HKD with a trading volume of 4.688 billion HKD. - CATL has submitted a listing application to the Hong Kong Stock Exchange, potentially raising over 5 billion USD, which could be the largest IPO in Hong Kong in recent years. - The average daily trading volume of Hong Kong stocks has risen significantly, supporting a "buy" rating for the exchange with a target price of 349 HKD.