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  1. Business - Money - RESULTS

    Hong Kong Exchanges and Clearing Q3 profit falls 19pc on lower turnover

    Posted Nov 08th 2012, 12:00am by Enoch Yiu

    ... as turnover declines Hong Kong Exchanges and Clearing, which operates the local stock market and futures market, reported a drop in third-quarter profit of 19 per cent amid lower market turnover ... on the market. Average daily turnover in the third quarter stood at HK$46.4 billion, down 36 per cent from a year earlier. This led the HKEx's market-related income- including trading and clearing ...

  2. HKEx posts lower profit as turnover slips

    Posted Nov 12th 2009, 12:00am by Enoch Yiu

    ... a quarter-on-quarter drop in profit and turnover. Turnover and profit in the quarter to September fell 7 per cent from the previous three months. Still, the bourse reported a 33 per cent increase in net profit in the third quarter from a year earlier, which it attributed to higher turnover year on year and more new listings. 'The outlook for the exchange operator is still full of uncertainty,' said ...

  3. HKEx back above HK$100 as market turnover rises

    Posted May 06th 2009, 12:00am by Nick Westra

    ... Nick Westra Shares of Hong Kong Exchanges and Clearing vaulted over the HK$100 hurdle yesterday for the first time in nearly eight months as improved market turnover levels signalled ... to chase after tentative signs of recovery in the global financial system. Daily main-board turnover in Hong Kong has improved during the rally, topping HK$70 billion eight times in the past five ...

  4. 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 ...

  5. Business - Banking & Finance - MARKETS

    HKEx to reduce fees for trading stock options

    Posted Mar 21st 2013, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com HKEx to reduce fees for trading stock options Hong Kong Exchanges and Clearing will cut fees on stock options in a bid to boost turnover. Twenty-six series ... in turnover last year. Turnover in stock options dropped 25 per cent to 56.08 million contracts last year from 74.33 million in 2011. Joseph Tong Tang, an executive director of Sun Hung Kai Financial, ...

  6. Business - Companies - EARNINGS

    Exchanges operator HKEx's earnings growth of 11pc trails market estimates

    Posted Feb 26th 2014, 01:28pm by Enoch Yiu

    ... growth was driven by a 16 per cent year-on-year increase in average daily stock market turnover to HK$62.6 billion. Daily derivative contracts traded rose 9 per cent to 283,610. The higher turnover brought in more trading and settlement fees from investors, boosting the bourse's revenue by 21 per cent to HK$8.72 billion. This was offset by amortisation costs and expenses related ...

  7. Business - Banking & Finance - EQUITIES

    All rain, no gain for HKEx as storm alert halts trading

    Posted May 23rd 2013, 03:05am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Black signal wipes 10 per cent off turnover after the exchange was restricted to afternoon session All rain, no gain for HKEx as storm alert halts trading Hong Kong's first black rainstorm warning since 2010 forced the stock exchange to halt trading yesterday morning, resulting in lost turnover of more than 10 per cent for the world's biggest ...

  8. Business - Companies - EARNINGS

    LME deal and poor market trade cut HKEx profit

    Posted Feb 27th 2013, 01:53pm by Enoch Yiu

    ... turnover contributed to Hong Kong Exchanges and Clearing's 20 per cent drop in net profit last year. Analysts say the outlook for the operator of the stock and futures markets ... Chung-kong said. HKEx said net profit fell to HK$4.08 billion from HK$5.09 billion in 2011. This was because of lower market turnover, fewer initial public offerings and the £1.39 billion (HK$16.3 ...

  9. Business - Banking & Finance - TRADING

    HKEx opens stronger and faster computing centre

    Posted Feb 01st 2013, 12:00am by Ray Chan

    ... Chung-kong said the new data centre should lift overall trading service levels in the areas of clearing and data processing, as well as turnover. The centre aimed to boost the exchange's ... and turnover in blue-chip companies. In the improving trading environment, Lee forecast HKEx's revenue to rebound to HK$9.8 billion this year, from an expected HK$6.4 billion last year. ...

  10. Business - Banking & Finance - MARKETS

    HKEx looks at link-up with mainland bourses on commodity sales

    Posted Apr 25th 2013, 12:00am by Enoch Yiu

    ... a commodities week in June, hosting seminars to allow the city to learn more about LME. Chow said turnover in the night futures trading session from 5pm to 11pm, which HKEx launched earlier this month, ... of day trading turnover. Yesterday was Ronald Arculli's last day as a director of HKEx, a role he played for seven years, during the first six of which he was also chairman. During ...




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