UBS Group released a research report indicating that it is expected that the Hong Kong Stock Exchange's average daily trading volume will remain strong in the near term for three reasons. First, investor disagreements over any additional policy stimulus in mainland China may promote trading. Second, recent adjustments may provide more attractive entry opportunities to the market, and third, foreign institutions' underweight position remains significant. The bank pointed out that the Hong Kong Stock Exchange's average daily trading volume reached 255 billion Hong Kong dollars in October and 238 billion Hong Kong dollars so far in the fourth quarter, increasing by 1.2 times and 1 times year-on-year. This year-on-year growth is driven by higher volatility and larger market capitalization. The bank expects this year's revenue, average daily trading volume for Southbound trading, and average daily trading volume for Northbound trading to reach 131 billion Hong Kong dollars, 4.6 billion Hong Kong dollars, and 139 billion Hong Kong dollars, respectively. Taking into consideration recent market activity and their latest views on interest rate cuts, the potential return of Trump to the White House is expected to lead the Federal Reserve to adopt a more moderate path for future interest rate cuts, raising their earnings per share forecasts for the Hong Kong Stock Exchange from 1% to 3% for the years 2026, to 10.36 Hong Kong dollars, 9.83 Hong Kong dollars, and 10.12 Hong Kong dollars respectively. The target price has been slightly raised from 344 Hong Kong dollars to 346 Hong Kong dollars with a "Neutral" rating.