[ET Net News Agency, 12 November 2021] Morgan Stanley lowered its target price for HKEx
(00388) to HK$505 from HK$515 and maintained its "equal-weight" rating.
The research house said it trims EPS forecasts 0.6% for 2021, 5.9% for 2022, and 4.1%
for 2023, primarily led by lower ADV assumptions (-4%, -3%, and -4%, respectively) and
lower investment income. (RC)