Market Insight
2024.04.25 11:26
Research Reports Nomura lifts HKEX (00388) target price to HK$324.31
(Infocast News) Nomura lifted its target price to HK$324.31 on HKEX (00388) and maintained Buy rating. HKEx’s 1Q24 total revenue increased 7% q-q (-6% y-y) to HKD5.2bn, 5% above Nomura's estimate. Its core business revenue increased 3% q-q (-7% y-y) to HKD4.7bn, 1% above its estimate. Net profit increased 14% q-q (-13% y-y) to HKD3.0bn, 6% above its estimate. (WL)
Data Source:INF
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