playdoubledoublebonuspokerfreeonline| Nomura: Maintain the "Buy" rating on the Hong Kong Stock Exchange and raise its target price to HK$330.58

Nomura released a research report sayingplaydoubledoublebonuspokerfreeonline, maintains the "Buy" rating of HKEx (00388), with a target price from 324playdoubledoublebonuspokerfreeonlineHK$.31 was increased by 2% to HK$330.58, mainly based on the dividend discount model (Dividend Model

Discount Model), a discount rate of 9% and a terminal growth rate of 6%(all indicators unchanged).

Nomura believes that the potential dividend tax exemption for Hong Kong Stock Connect is a positive thing. In addition, the Hong Kong Stock Exchange's profit forecast for fiscal years 2024 and 2025 was raised by 2% respectively, and the average daily trading volume (ADT) forecast was raised by 4% and 3% respectively. Net profit is expected to increase by 4% and 6% in fiscal years 2024 and 2025, mainly benefiting from ADT growth, and is now expected to increase by 5% and 11% year-on-year in 2024 and 2025 respectively.