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The Nexus
BUSINESSJul 16 · 04:21 UTCSCMP WORLDZoe SL Chan

Goldman Sachs backs HKEX with ‘buy rating’, citing Beijing’s policy support, AI stock boost

Goldman Sachs has reaffirmed a 'buy rating' on Hong Kong Exchanges and Clearing (HKEX), citing Beijing's policy support and an AI stock boost. Analysts Thomas Wang and Simone Chen highlighted expected growth in average daily turnover and revenue in the second half of 2023.

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