---
title: "Hong Kong Exchanges and Clearing Limited (00388.HK)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/00388.HK.md"
symbol: "00388.HK"
name: "Hong Kong Exchanges and Clearing Limited"
industry: "Financial Exchanges and Data"
---

# Hong Kong Exchanges and Clearing Limited (00388.HK)

| Item | Detail |
|------|--------|
| Industry | Financial Exchanges and Data |
| Location | HK Market |
| Website | [www.hkex.com.hk](https://www.hkex.com.hk) |

## Company Profile

Hong Kong Exchanges and Clearing Limited, together with its subsidiaries, owns and operates stock and futures exchanges, and related clearing houses in Hong Kong, the United Kingdom, and Mainland China. It operates through Cash, Equity and Financial Derivatives, Commodities, and Data and Connectivit...

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-20T04:30:10.000Z

**Overall: C (0.48)**

**Industry**: Financial Exchanges and Data

| Metric | Value |
|--------|-------|
| Industry Ranking | 6 / 8 |
| Industry Median | B |
| Industry Average | B |

- **Style**: Growth - Stocks whose main business is in the growth stage.
- **Scale**: Large - The company has stable operations, allowing for dependable long-term returns.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 34.87% |  |
| Net Profit YoY | 44.93% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 9.58 |  |
| Dividend Ratio | 2.67% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 518.30B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 27.97B |  |


**Multi Score**: C

#### Profit Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 32.85% | A |
| Profit Margin | 61.48% | A |
| Gross Margin | 96.97% | A |

#### Growth Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 34.87% | A |
| Net Profit YoY | 44.93% | B |
| Total Assets YoY | -5.09% | D |
| Net Assets YoY | 6.95% | B |

#### Cash Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 162.64% | C |
| OCF YoY | 34.87% | A |

#### Operating Score: E

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.06 | E |

#### Debt Score: E

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 88.13% | E |


```chart-data:radar
{
  "title": "Longbridge Financial Score - Hong Kong Exchanges and Clearing Limited",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "A",
      "indicators": [
        {
          "name": "ROE",
          "value": "32.85%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "61.48%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "96.97%",
          "rating": "A"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "B",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "34.87%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "44.93%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "-5.09%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "6.95%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "B",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "162.64%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "34.87%",
          "rating": "A"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "E",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.06",
          "rating": "E"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "E",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "88.13%",
          "rating": "E"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | JF SMARTINVEST (HK.9636) | A | A | A | B | B | A |
| 02 | TRADEGO (HK.8017) | A | A | B | A | B | A |
| 03 | OSL GROUP (HK.863) | C | A | D | C | A | B |
| 04 | BAIRONG-W (HK.6608) | B | B | B | A | B | B |
| 05 | FINET GROUP (HK.8317) | C | A | D | B | B | B |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 30.06 | 5/9 | 37.02 | 34.63 | 30.86 |
| PB | 9.55 | 7/9 | 10.14 | 9.71 | 8.94 |
| PS (TTM) | 18.48 | 7/9 | 22.12 | 20.55 | 18.86 |
| Dividend Yield | 2.67% | 2/9 | 2.66% | 2.50% | 2.24% |

## Institutional View

### Analyst Rating Distribution

> As of 2026-02-12T16:00:00.000Z

Total Analysts: **19**

| Rating | Count | Percentage |
|--------|-------|-----------|
| Buy | 13 | 68% |
| Overweight | 4 | 21% |
| Hold | 2 | 11% |
| Underweight | 0 | 0% |
| Sell | 0 | 0% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 407.80 |
| Highest Target | 610.00 |
| Lowest Target | 374.00 |

## References

- [Company Overview](https://longbridge.com/en/quote/00388.HK/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/00388.HK/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/00388.HK/topics.md) - Community topics and discussions

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.