Hong Kong exchange has dropped 1.65% Macquarie to maintain a major market rating

Source: Internet
Author: User
Keywords Turnover Hong Kong dollar turnover rate
The Hong Kong exchange has dropped 1.65% to HK $125.3 in the afternoon of 8th, while Macquarie maintained the stock market rating, dragging down the price shock. HKEx (00388) is down 1.65% in the afternoon of June 8. At HK $125.3, Macquarie maintained the market rating of the Hong Kong exchange, which put the stock price under pressure, and Macquarie also questioned the viability of the trading volume, but set the target price from HK $75 to 40% to HK $105, and raised the HKEx 2010  , 20,112-year earnings forecasts rose 12% and 5% respectively, and 2010 earnings forecasts are now above market forecasts of 9%. The bank noted that Hong Kong stocks had reached HK $62 billion on average in May, at a monthly rate of 29% or 5% per cent, equivalent to an annual turnover of 141%, the highest since January 08. The forecast for daily turnover of Hong Kong stocks was raised from HK $55 billion to HK $67 billion, which means that Hong Kong equities would reach HK $74 billion for the remainder of the year and a turnover of 144%.
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