Hong Kong Exchanges and Clearing

Diverging Chinese And Western Regulations Will Dampen Cross-Border Listings

AnalystLowTarget

Not Invested

Consensus Narrative from 15 Analysts

Published

13 Jul 25

AnalystLowTarget's Fair Value

HK$354.68

25.2% overvalued

20 Aug

HK$444.00

86.4%

You can edit this narrative until Jul 13 10:22 PM. Then, changes will post as Updates.

Author's Valuation

HK$354.7

25.2% overvalued

AnalystLowTarget Fair Value

Narrative

Updates0

AnalystLowTarget Fair Value

HK$354.68

25.2% overvalued

Future estimation in

% p.a.

Decrease

Increase

Current revenue growth rate

5.33%

Capital Markets revenue growth rate

0.30%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

8.18%

Calculation

HK$14.58b

Earnings '28

38.76x

PE Ratio '28

HK$565.24b

Market Cap '28

HK$565.24b

Market Cap '28

1.26b

No. shares '28

HK$448.69

Share Price '28

HK$448.69 Share Price '28

Discounted to 2025 @ 8.12% p.a.

HK$355.02

Fair Value '25