Based on market transaction data for June and the latest HIBOR forecast, Goldman Sachs released a research report lowering its 2025-27 EPS forecasts for HKEX (00388.HK) -3.200 (-0.749%) Short selling $131.77M; Ratio 13.282% by 1.2-1.8%. Although the broker kept the rating unchanged at Buy, it cut its target price from HKD455 to HKD450.In Goldman Sachs' estimate, the main downside risks for HKEX will include intensified competition with the Chinese capital markets, a slowdown in transactions, and fee pressure due to China's fee reduction policies, though the broker emphasized that its positive investment view on HKEX remained intact.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.)Related NewsShenwan Hongyuan Names Potential Candidates for Inclusion in Southbound Stock Connect List in Sep (Table)