The earnings performance of HKEX (00388.HK) -4.400 (-1.099%) Short selling $293.33M; Ratio 106.963% in 4Q25 was significantly above both the expectations of Goldman Sachs and the market, primarily driven by better investment returns and lower operating expenses, Goldman Sachs issued a research report saying. Excluding investment income, earnings were still 5% higher than the broker's forecast, reflecting effective cost control.Related News M Stanley: S&P 500 Adjustment Nearing End; 'Magnificent Seven' in US Stocks Very Attractive in ValuationGoldman Sachs currently forecasted HKEX's 2026 EPS growth to be around 4%, with revenue excluding investment income expected to incline by 12% YoY. Therefore, the broker kept rating at Buy on HKEX, with a target price of $546. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)
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