SEHK:388Capital Markets
HKEX (SEHK:388) Margin Strength Reinforces Bullish Narratives Despite Premium P/E
Hong Kong Exchanges and Clearing (SEHK:388) has wrapped up FY 2025 with fourth quarter revenue of HK$7.5b and basic EPS of HK$3.43, capping a year in which trailing twelve month revenue reached HK$29.2b and EPS came in at HK$14.05. The company has seen revenue move from HK$20.7b and EPS of HK$9.38 in the trailing twelve months to Q3 2024 to HK$29.2b and EPS of HK$14.05 in the trailing twelve months to Q4 2025. Net income tracked from HK$11.9b to HK$17.8b over the same span, leaving investors...