Hong Kong Exchanges and Clearing Limited
Hong Kong Exchanges and Clearing Limited is one of the world’s major exchange groups, and operates a range of equity, commodity, fixed income and currency markets.
See below for the Latest Hong Kong Exchanges and Clearing Limited News, Analysis, Profit Results, Share Price Information, and Commentary.
HKEX reports ‘second best’ revenue, profit in FY23
Revenue for the period was $20.5b, up 11% YoY.
Bonnie Chan to take over as HKEX CEO
Chan will succeed Alejandro Nicolas Aguzin.
HKIA issues $5b retail bonds at 4.25%
The bonds have a tenor of 2.5 years.
HKEX CEO retires, new leadership will take over next year
CEO Alejandro Nicolas Aguzin will be replaced by Bonnie Chan Yiting beginning 24 May 2024.
HKEX cuts paper use, document requirements in revamped listing regime
Despite eliminating signatures, the streamlined listing process imposes new legal advice requirements for accountability and integrity in submissions.
Citi settles first trades on HKEX Synapse
Synapse is a settlement acceleration platform.
Government’s retail green bond receives over 300,000 valid applications
It also attracted a subscription amount of $30b.
Alibaba to spin-off logistics arm via separate listing in HKEX
Post-spin-off, Alibaba will still hold more than 50% of the shareholdings in Cainiao.
OCBC joins HKEX’s OTC Clear
OTC Clear offers clearing services for USD/HKD and USD/CNH cross-currency swaps.
Gov't issues new tranche of retail green bonds
Residents can subscribe in $10,000 increments.
HK establishes stock market task force
Carlson Tong will lead the group.
HK to form task force to improve stock market liquidity
The Financial Secretary will lead the task force.
HKEX, India Stock Exchange ink cooperation pact
The stock exchanges will promote sustainable finance in Asia amongst others.
HKEX launches Swap Connect
The programme will forge connectivity between the capital markets of Hong Kong and China.
HKEX income went up 28% YoY in Q1
The profit attributable to shareholders grew to $3.4m in the first quarter of 2023.
New bill slashes transaction costs for Hong Kong market makers
The government gazetted a bill waiving stamp duty payable on certain transactions relating to dual-counter stock.
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong