[ET Net News Agency, 24 October 2023] HKEX (00388) reported 3Q23 net income of
HK2,953m, up 2% q/q, 30% y/y and 10% above J.P. Morgan estimation.
J.P. Morgan thinks this was a good set of results, with NII providing earnings support
while volumes remained relatively weak. The price target is HKD 370 and the rating
maintained "overweight". (RC)