On October 14th, UBS Group's report indicated that the Hong Kong Stock Exchange will announce its third-quarter performance on the 23rd of this month. It is expected that quarterly net profit and revenue will increase by 6% and 7% year-on-year to 3.1 billion and 5.4 billion Hong Kong dollars, respectively, exceeding market expectations by 6% and 4%, respectively. If compared on a quarterly basis, profits and revenue are expected to remain roughly stable. The bank predicts a 2% year-on-year increase in net investment income for the quarter to 1.2 billion Hong Kong dollars, a 56% increase on a quarterly basis, benefiting from improved performance in external portfolio investments under the potential interest rate cut. The bank forecasts the Hong Kong Stock Exchange's full-year post-tax profit to increase by 8% year-on-year to 12.9 billion Hong Kong dollars, and revenue to increase by 9% year-on-year to 22.3 billion Hong Kong dollars, outperforming market expectations for 3% and 1% year-on-year growth, respectively. The bank expects the market to raise its profit forecast for this year based on the recent market rebound in daily average trading volumes. UBS Group has raised its daily average trading forecast for the Hong Kong Stock Exchange this year from 107 billion to 134 billion Hong Kong dollars, for next year from 121 billion to 146 billion Hong Kong dollars, and for 2026 from 134 billion to 162 billion Hong Kong dollars, reflecting recent stock market gains and factors of the Federal Reserve's interest rate cuts. The bank has also raised its earnings per share forecast for the Hong Kong Stock Exchange by 8% to 10.2 Hong Kong dollars this year, while maintaining next year's and the following year's earnings per share forecasts at 9.5 Hong Kong dollars and 9.9 Hong Kong dollars, respectively. The bank has raised the target price for the Hong Kong Stock Exchange from 253 Hong Kong dollars to 347 Hong Kong dollars, maintaining a "Neutral" rating.