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Citibank: Lowering the target price of the Hong Kong Stock Exchange (00388) to HK$495 and lowering the profit forecast per share by 1% from 2026 to 2028

Zhitongcaijing·09/09/2026 08:09:01
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The Zhitong Finance App learned that Citi released a research report stating that the model for the Hong Kong Stock Exchange (00388) was updated to reflect the August trading volume data. Due to weak stock and derivatives transactions, the bank slightly lowered its 2026-2028 earnings forecast by 1%, maintained a “buy” rating, and slightly lowered the target price from HK$500 to HK$495.