The Zhitong Finance App learned that Goldman Sachs released a research report stating that the Hong Kong Stock Exchange (00388.HK) transaction data from August to September of this year was included in the forecast model, and the profit forecast per share for 2026 to 2029 was reduced by 0.6% to 1.4%, and the target price was lowered from HK$540 to HK$532, corresponding to the predicted price-earnings ratio for 2027, maintaining a “buy” rating. Goldman Sachs anticipates that potential future downside risks include increased business competition in the onshore capital market, a slowdown in spot market transactions, and fee pressure brought about by mainland fee cuts.
Zhitongcaijing · 1d ago
Share
Listen to the news
The Zhitong Finance App learned that Goldman Sachs released a research report stating that the Hong Kong Stock Exchange (00388.HK) transaction data from August to September of this year was included in the forecast model, and the profit forecast per share for 2026 to 2029 was reduced by 0.6% to 1.4%, and the target price was lowered from HK$540 to HK$532, corresponding to the predicted price-earnings ratio for 2027, maintaining a “buy” rating. Goldman Sachs anticipates that potential future downside risks include increased business competition in the onshore capital market, a slowdown in spot market transactions, and fee pressure brought about by mainland fee cuts.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending