Broker Name: CGS International

Date of Report: January 7, 2026

Excerpt from CGS International report.

Report Summary
• CGS International issues a technical “Buy” on Hong Kong Exchanges & Clearing Ltd (388), citing an early-stage bullish trend and strong technical signals such as a breakout from a falling wedge, bullish Ichimoku and MACD indicators, rising stochastic oscillator, and healthy volume.
• Key price levels: Entry at 432.40, 411.80, 390.40; Stop Loss at 375.10; Target prices at 470.00, 510.80, 531.00, and 610.00.
• Report emphasizes that the uptrend in HKEX is likely to continue, supported by multiple technical indicators and positive momentum.
• Standard disclaimers apply, and the report is intended for professional or institutional clients, not for general public distribution.

Above is an excerpt from a report by CGS International. Clients of CGS International can be the first to access the full report from the CGS International website: https://www.cgs-cimb.com