HKEx is 3.75%dbs to HK $152.5

The Hong Kong Stock Exchange (00388-HK) has now risen 3.75% to HK $127.40, a deal of HK $167 million, which is now winning the big city, with a 1.84% rise in the index.　　DBS was the tallest in the investment bank, with the target price of 137.50 to HK $152.50, the new target price equivalent to 33.7 times times the expected P/E ratio for the 2010 fiscal year in June, and an intermediate level of 11.4 times to 51 times times the historical P/E range. The bank said the growing risk appetite for investors, lower global interest rates, and a gradual stabilisation of the economy would continue to make stocks more volume than expected. DBS is currently predicting a daily turnover of HK $67 billion for 09, a forecast of HK $59.1 billion, and a 2010 Nikkei turnover of HK $75.9 billion, which was expected to be HK $67.6 billion.