UBS: upgrades HKEX to 'neutral' with a target price of HK$346
Generated by AI AgentMarket Intel
Wednesday, Nov 13, 2024 1:40 am ET1min read
UBS--
UBS raised its EPS forecasts for HKEx (00388) by 1% in 2020, 3% in 2021 and 3% in 2022 to Rmb10.36, Rmb9.83 and Rmb10.12 respectively, and raised the target price to HK$346 from HK$344, with a "neutral" rating, considering recent market activities and its latest easing view, that Trump's return to the White House is likely to make the Fed's future easing path more moderate.
Global insights driving the market strategies of tomorrow.
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet