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香港交易所(0388.HK):半年报业绩符合预期 A股指数期货落地助长期发展

Hong Kong Stock Exchange (0388.HK): Semi-annual results meet expectations, A-share index futures land to help long-term development

第一上海 ·  Sep 10, 2021 00:00

2021 interim performance ornaments: the company's excess current income and other income during the first half of 2021 were HK $109, + 24% compared with the same period last year, and HK $66, + 26% compared with the same period last year. Lai continued to increase fear mainly due to the substantial increase in fear of the collapse of the spot market, the trading volume of the Shenzhen-Hong Kong Stock Connect reached a new high, and the return on pooled investment turned into a profit.

Chatting with each other, the company's biggest booster performance is meticulous: during the period, the company's average daily turnover (ADT) reached a semi-annual high of HK $1882, a year-on-year high of + 60% and Yaobi + 33%, making the spot market collapse transaction fee + 66% year-on-year and spot market collapse revenue + 42% to HK $32 million. In the same category, the trading volume of Shenzhen-Hong Kong Stock Connect reached another record high. the average daily trading volume of northbound and southbound transactions was 1144 yuan and HK $481 respectively, which was + 54% and + 132% respectively compared with the same period last year, resulting in a northbound transaction fee of HK $2.96 and a southbound transaction fee of HK $1.25. The income innovation of Demelelol Shenzhen-Hong Kong Stock Connect is 13.2 Hong Kong dollars, accounting for 12.1% of Bidder's income.

The performance of the derivatives market collapse was dull, and the fund-raising was vigorous: the company's derivatives revenue was 17 Hong Kong, + 6% year-on-year, and commodity income 7%,-3% year-on-year. Due to the market collapse Boqin, futures trading volume declined in the first half of the year, dragging down the income performance of derivatives, but the number of newly listed derivatives Geun Cheng and Niu Xiong o increased sharply compared with the same period last year, creating a half-year high. The listing fee that led to the collapse of the derivatives market increased by 32% to 6.1 Hong Kong dollars year on year. IPO Hong Kong City in the first half of the year to raise capital, a total of 46 companies IPO, the amount of capital raised to 2117 Hong Kong dollars, double the same period last year. Looking to the future, our previous policy is down. The collapse of Hong Kong has become the first escape place for the overseas listing of Damu enterprises. it is expected that in the future, Chinese stocks will accelerate their return to the Hong Kong market, helping the market collapse to exceed expectations.

The company will launch its first A-share futures product: the company and MSCI, the world's leading supplier of investment services, will launch a futures contract based on the exchange of A50 in MSCI. This issue will cover 50 major A-share stocks in mainland China, with at least two enterprises in each industry, in order to fully reflect the economic situation of the Chinese Yuan. The industry and the housing history of the major MSCIA share index are highly similar, and the children's stock will be launched on October 18, 2021.

Praising the company, after the launch of the preview, I will quickly become a star of children's products, which will directly bring the income from transaction liquidation and the increase in investment income from tin deposits; at the same time, it will also help to strengthen the status of mutual chat and exchange as a channel for landlords in overseas investors' investment. or push up the turnover of Mutual Stock Exchange in one step, increase the income of mutual chat, exchange trading and liquidation, and stabilize the company's foolish situation during the period of fear.

Raise the eye model to HK $600,000 and maintain the ministerial level: our Shaowei company's investment series in the fear period has become more solid, so we have adjusted our annual revenue forecast for 21-22-23 to HK $234 / 275tube / HK $313 respectively; Ze Lilan's forecast to HK $144mirror / 171zpg, the next 12 months will be raised to HK $600,52.8 times PE in 2021, and the saddle now has an empty increase of 21.9%.

The translation is provided by third-party software.


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