Added to YB: 2024-05-03
Pitch date: 2024-04-12
0388.HK [bullish]
Hong Kong Exchanges and Clearing Limited
+86.98%
current return
Author Info
No bio for this author
Company Info
Hong Kong Exchanges and Clearing Limited, together with its subsidiaries, owns and operates stock and futures exchanges, and related clearing houses in Hong Kong, the United Kingdom, and Mainland China.
Market Cap
HKD 513.7B
Pitch Price
HKD 214.89
Price Target
N/A
Dividend
2.95%
EV/EBITDA
9.84
P/E
29.95
EV/Sales
7.45
Sector
Capital Markets
Category
growth
Polen Capital Emerging Markets Growth New Portfolio Holding: Hong Kong Exchanges and Clearing Limited
HKEX: Hong Kong exchange monopoly tapping Western & Chinese capital pools. Low capex, high cash gen biz to benefit as Chinese markets grow from 1.5x to 3-4x GDP (US/Japan >5x). High quality growth at attractive price amid weak China sentiment.
Read full article (1 min)