4月14日上榜港股通成交活跃榜个股中，香港交易所为近一个月首次上榜。 证券时报·数据宝统计显示，4月14日港股通（包括沪市港股通及深市港股通）成交活跃股合计成交 482.42亿港元，占当日港股通成交金额的42.81%，净买入金额16.32亿港元。 | 证券 | 证券简称 | 成交金额（亿 | 净买入金额（亿 | 近一个月上榜 | 最新收盘价 | 日涨跌幅 | | --- | --- | --- | --- | --- | --- | --- | | 代码 | | 港元） | 港元） | 次数 | （港元） | （%） | | 00700 | 腾讯控股 | 75.51 | -1.35 | 20 | 454.000 | 2.39 | | 00981 | 中芯国际 | 62.57 | -0.16 | 20 | 47.500 | 1.71 | | 01810 | 小米集团 W | 142.81 | 1.79 | 20 | 43.200 | -2.37 | | 09988 | 阿里巴巴 W | 92.00 | 1.71 | 20 | 108.200 | 5.05 | | 03690 | 美团-W | 22.94 | 0 ...

香港交易所信息显示，贝莱德在哔哩哔哩(09626.HK)的持股比例于04月09日从5.21%降至4.95%。 ...

香港交易所信息显示，贝莱德在蒙牛乳业(02319.HK)的持股比例于04月09日从5.09%降至4.98%。 ...

智通财经4月11日电，香港交易所信息显示，瑞银集团（UBS）在名创优品的持股比例于04月07日从 8.99%升至9.74%。 ...

香港交易所信息显示， 德意志银行在 理想汽车-W的持股比例于04月07日从17.13%降至16.97%。 ...

香港交易所信息显示，FIL Limited在 李宁的持股比例于04月07日从5.27%降至4.97%，平均股价为 15.5828港元。 ...

智通财经4月9日电，香港交易所信息显示，美国资本集团在携程集团-S的持股比例于04月07日从10.04% 降至9.97%，平均股价为421.3210港元。 ...

智通财经4月9日电，香港交易所信息显示，摩根士丹利在药明联合的持股比例于04月02日从1.67%升至 5.75%。 ...

智通财经APP获悉，中金发布研报称，维持香港交易所(00388)目标价435港元及跑赢行业评级，基本维 持盈利预测不变，当前港交所交易于26x/24x 25e/26e P/E。港交所计划于4月30日披露1Q25业绩，该行 预计1Q25收入同比+31%/环比+7%至68.3亿港币，剔除投资收益及杂项收入后费类业务收入同比+47%/ 环比+10%至56.5亿港币，盈利同比+36%/环比+7%至40.5亿港币。 中金主要观点如下： 该行预计1Q25投资收益同比-15%/环比-5%至11.4亿港币，其中同比降幅较高主因同期外部权益投资收 益及息差高基数，就环比趋势来看：1)1Q25 6M HIBOR(移动平均)/平均1M HIBOR环比-7%/-10%、成本 端利率降幅较大或推动保证金息差边际提升，然而4Q中后期以来衍生品交易保证金比例受波动率下行 影响有所下降、或导致保证金规模环比下行;2)外部投资方面，1Q25境外债券市场相对景气，主要债券 ETF股价表现环比显著改善，港交所当前以政府债等资产为主的稳健外部投资策略或将有所受益。 政策持续博弈有望支撑市场活跃度表现，关注估值调整后配置价值 当前港交所1-yr fo ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Insights - The valuation of Hong Kong Exchanges and Clearing Limited (HKEX) has lagged behind trading volume, with a recovery in IPOs positively impacting the long-term Average Daily Turnover (ADT) [4][6] - In 2025, the ADT is projected to reach 2200 billion HKD, with a year-on-year increase of 66.9% [4] - The company's net profit forecast for 2025-2027 has been raised to 168, 169, and 172 billion HKD, respectively, reflecting a year-on-year growth of 29.0%, 0.2%, and 2.2% [4] Summary by Sections Market Activity and Performance - The Hong Kong stock market has seen a continuous improvement in activity, with the ADT reaching a historical peak of 2973 billion HKD in February 2025, representing a year-on-year increase of 230% [13][14] - The trading volume remained active in March, with figures of 3181 and 2863 billion HKD, showing year-on-year increases of 203% and 152% respectively [13] Regulatory Support for IPOs - Regulatory measures have encouraged A-share companies to list in Hong Kong, enhancing market capitalization and activity [6] - As of February 2025, 10 IPOs have occurred, doubling year-on-year, with a financing scale of 7.8 billion HKD, up 258% [32][34] - The approval process for IPOs has been optimized, facilitating the listing of mainland companies in Hong Kong [36] Financial Projections - The company's revenue for 2025 is projected to be 27,785 million HKD, with a year-on-year growth of 24.18% [7] - The net profit for 2025 is estimated at 16,828 million HKD, reflecting a year-on-year increase of 28.95% [7] - The sensitivity analysis indicates that an ADT of 1700, 2200, and 3000 billion HKD corresponds to net profit changes of +8%, +29%, and +62% respectively [27]