Bourse operator Hong Kong Exchanges and Clearing reports record net profit of HK$9.3 billion, beats estimates

//Bourse operator Hong Kong Exchanges and Clearing reports record net profit of HK$9.3 billion, beats estimates

Bourse operator Hong Kong Exchanges and Clearing reports record net profit of HK$9.3 billion, beats estimates

Hong Kong Exchanges and Clearing, which operates the Hong Kong stock exchange, the third-largest bourse in Asia, on Wednesday reported a record net profit of HK$9.3 billion (US$1.18 billion) for last year, an increase of 26 per cent over 2017.“HKEX has benefited from a rising turnover and this trend has continued this year. Its turnover has reached HK$170 billion on some days this week. This shows investment sentiment has improved, as many central banks, including the US Federal Reserve, have…

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By | 2019-02-27T04:42:05+00:00 February 27th, 2019|Business|Comments Off on Bourse operator Hong Kong Exchanges and Clearing reports record net profit of HK$9.3 billion, beats estimates