Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

My Favorite China's Brands
Economy

HKEX posts record high half-year net profit, revenue

August 20, 2020


Abstract : Hong Kong Exchanges and Clearing Limited (HKEX) posted 8.78 billion Hong Kong dollars of revenue and other income in the first half of the year, up 2 percent, and a net profit of 5.23 billion Hong Kong dollars, up 1 percent year on year.

HONG KONG, Aug. 19 (Xinhua) -- Hong Kong Exchanges and Clearing Limited (HKEX) posted 8.78 billion Hong Kong dollars of revenue and other income in the first half of the year, up 2 percent, and a net profit of 5.23 billion Hong Kong dollars, up 1 percent year on year.

Average daily turnover in the securities market stood at 117.5 billion Hong Kong dollars, increased by 20 percent from the year before, HKEX said on Wednesday.

The bourse had a very good first half against a turbulent and volatile macro economic backdrop, said its chief executive Charles Li.

"High cash market turnover, record Stock Connect volumes and a notable number of IPOs, including a number of sizable secondary listings, offset softness in investment income which was impacted by swings in global portfolio valuations during the period," he said in a statement.

Shares fell by 1.42 percent to close at 373.6 Hong Kong dollars per share on Wednesday. (1 U.S. dollar equals 7.75 Hong Kong dollars) Enditem

Scan the QR code and push it to your mobile phone

Keyword: HKEX Hong Kong

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial