HKEX Posts Record Quarterly Profit On Trading, Listings Boom
The bourse’s trading and listings have picked up since late 2024 after China signaled greater support to the private sector.
Photographer: Lam Yik/BloombergHong Kong’s stock exchange operator churned out a record profit last quarter and beat estimates, as the bourse rode a trading boom spurred by global market volatility and a spate of local listings.
Hong Kong Exchanges & Clearing Ltd. reported net income of HK$4.08 billion ($526 million) in the three months ending March 31, up 37% from a year earlier, according to a statement Wednesday. That topped the HK$3.98 billion average estimate of four analysts.