Hong Kong bourse’s 2024 profit rises 10% to a record on surging stock transactions, IPOs
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…