The Zhitong Finance App learned that Goldman Sachs released a research report saying that Hong Kong's first “Five-Year Plan” and the new “Policy Address” include a road map to enhance Hong Kong's status as an international financial center, support the goals of the Hong Kong Stock Exchange (00388.HK) to develop a multi-asset strategy, and plans to improve the connectivity of mainland enterprises with international capital, which is also expected to drive product supply and liquidity in the Hong Kong market. The bank maintains a “buy” rating on the Hong Kong Stock Exchange, with a target price of HK$532 for 12 months. Based on a three-stage dividend discount model, it is equivalent to 34 times the projected price-earnings ratio in 2027.

The Zhitong Finance App learned that Goldman Sachs released a research report saying that Hong Kong's first “Five-Year Plan” and the new “Policy Address” include a road map to enhance Hong Kong's status as an international financial center, support the goals of the Hong Kong Stock Exchange (00388.HK) to develop a multi-asset strategy, and plans to improve the connectivity of mainland enterprises with international capital, which is also expected to drive product supply and liquidity in the Hong Kong market. The bank maintains a “buy” rating on the Hong Kong Stock Exchange, with a target price of HK$532 for 12 months. Based on a three-stage dividend discount model, it is equivalent to 34 times the projected price-earnings ratio in 2027.