Hong Kong Exchanges and Clearing (HKEX), which operates Asia’s third-largest stock exchange, reported record annual profit on higher market turnover and a surge in new listings amid a market rally that started in September. Net profit in 2024 increased 10 per cent to HK$13 billion (US$1.7 billion), or HK$10.32 per share, the company said in…
Hong Kong Exchanges and Clearing (HKEX), which operates Asia’s third-largest stock exchange, reported record annual profit on higher market turnover and a surge in new listings amid a market rally that started in September. Net profit in 2024 increased 10 per cent to HK$13 billion (US$1.7 billion), or HK$10.32 per share, compared with HK$11.9 billion…
Hong Kong’s financial regulators have pledged to ease listing requirements for mainland Chinese companies, as they eye the city’s stock market as a source of funding to support their global ambitions. The market watchdog and the bourse operator would unveil proposed revisions later this year, aiming to lower the fundraising threshold, optimise market structure and…
Sarah Tong, co-founder and CEO, Big Bang Academy: For transforming STEM education and inspiring young girls and women to lead in science “Because of what I do, I am in two of the fields where women are still under-represented: in STEM and in entrepreneurship. Globally, women make up over half of all students who have…
Hong Kong stocks jumped following a positive phone call between Chinese President Xi Jinping and US president-elect Donald Trump. The Hang Seng Index added 2.3 per cent to 20,041.09 at the noon trading break, while the Hang Seng Tech Index rallied 3.2 per cent. On the mainland, the CSI 300 Index climbed 0.9 per cent…
Some 250 listed companies in Hong Kong have yet to add at least one woman to their boards even as a deadline to comply with the exchange’s rules is only a month away, according to the Hong Kong Exchanges and Clearing (HKEX). “The deadline is the end of this year, so the next few weeks…
Hong Kong’s exchange-traded fund (ETF) market is logging a record year thanks to the recent market rally, expanded inclusion in the cross-border Stock Connect programme and a series of new products, including Asia’s first pegged to virtual assets. Net fund flows of Hong Kong’s exchange-traded product (ETP) market, which includes ETFs and leveraged and inverse…
Skeptics stand corrected, but regulators must allow market forces free reign for IPOs to thrive Hong Kong-listed equities have been on a wild ride in recent weeks. A series of pro-growth stimulus announcements from Beijing sent trading volumes and share prices soaring by 30% before giving back some of the gains. The Hang Seng Index…
