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  1. Lower turnover likely to dent HKEx earnings

    Posted Aug 06th 2012, 12:00am

    ... profit when it releases its results for the first half tomorrow. Lower market turnover and fewer new listings are likely to have been the key contributors to the result. Analyst forecasts ... year, citing reduced trading and clearing fees arising from lower market turnover during the first half of the year. Average daily turnover stood at only HK$56.5 billion, down 20 per cent ...

  2. HKEx earnings tipped to slide on weak turnover

    Posted Mar 01st 2010, 12:00am by Enoch Yiu

    ... was hard hit by lower market turnover. Christopher Cheung Wah-fung, chairman of Christfund Securities, expects the exchange will on Thursday report a profit of about HK$4 billion, down 20 per cent from HK$5.13 billion. This will mark a second consecutive year of falling profits for the exchange, which reported HK$6.17 billion for 2007, the highest on record, as both turnover ...

  3. HKEx profit expected to dive on lower turnover

    Posted Mar 02nd 2009, 12:00am by Enoch Yiu

    ... Enoch Yiu Brokers expect Hong Kong Exchanges and Clearing to report a 20 to 30 per cent fall in earnings for last year as income was hit by lower market turnover and fewer new listings. ... Stockbrokers Association, predicted a steeper fall of as much as 30 per cent because of poor market turnover. 'HKEx's income is closely linked to market turnover and listing activity,' ...

  4. Index maintains climb despite falling turnover

    Posted Feb 18th 2006, 12:00am by Staff Reporter

    ... Fiona Lau Hong Kong stocks rose for a fourth straight day yesterday but buying momentum sagged as market turnover shrank to $25.44 billion from $31.82 billion on Thursday. Brokers said several unfavourable factors combined to cause the drop in turnover, citing worries over funds outflows as the most important. Kenny Tang Sing-hing, an associate director at Tung Tai Securities, ...

  5. Flood of cash sweeps Hang Seng to new high on record turnover

    Posted Sep 25th 2007, 12:00am by Staff Reporter

    ... Tim LeeMaster Hong Kong stocks surged through 26,000 points for the first time yesterday as turnover hit a record high- and analysts say the market can go higher still. The Hang Seng Index rose 2.7 per cent, or 708 points, to 26,552. Turnover was HK$140 billion, surpassing the previous record of HK$138.7 billion. Mainland markets also rose. 'Liquidity has created ...

  6. HKEx profit may double on rising turnover

    Posted Aug 13th 2007, 12:00am by Enoch Yiu

    ... Enoch Yiu Hong Kong Exchanges and Clearing (HKEx) on Wednesday is expected to report that profits more than doubled in the first half of this year on a sharp rise in market turnover ... Financial, said the HKEx should have more than doubled its profits because income from levies grew substantially as a result of a dramatic jump in market turnover. The exchange also said earlier ...

  7. K Wah profit falls on lack of completed projects

    Posted Mar 30th 2007, 12:00am by Yvonne Liu

    ... Entertainment Group. Turnover dropped 4.5 per cent to HK$276 million from HK$289 million. Last year, KWah generated HK$4 billion from the sale of three residential projects- Great Hill in Sha Tin, JResidence in Wan Chai and the phase one of Shanghai Westwood in Shanghai. The profit and turnover of the projects could be booked this year after the projects are completed. No property sales were ...

  8. HKEx results better than expected

    Posted Aug 11th 2011, 12:00am

    ... cent. The gains were driven by higher turnover and more new listings, which lifted listing fees 11 per cent and trading fee income 15 per cent. The bourse will pay a dividend of HK$2.16 a share. The first-half's average daily turnover stood at HK$73.6 billion, up 15 per cent from a year earlier. On a quarter-to-quarter comparison, however, turnover dropped after the extension of trading hours. ...

  9. Millions unclaimed on the Mark Six

    Posted Sep 15th 2011, 12:00am

    ... million more than the season before. Winning tickets from the normally three-times-a-week lottery are valid for 60 days. The Jockey Club reported a record Mark Six season turnover of HK$6.87 ... of draws in May also led to a record jackpot of HK$133 million. The Jockey Club said that having more turnover along with a lower amount of unclaimed money was likely to be a reflection of people ...

  10. Lucky three share Mark Six jackpot

    Posted May 21st 2011, 12:00am

    ... After the longest jackpot rollover in more than 30 years, the huge pot resulted in unprecedented queues at Hong Kong Jockey Club outlets across the city. The record turnover of HK$343 million ... by 11.5 tickets, while 481.5 tickets claimed the third prize of HK$88,440. Queues at Jockey Club outlets grew steadily during the past three days with turnover passing HK$300 million at about 7pm ...




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