Local brokers firm against return of HKEx closing auctions

Hong Kong Exchanges and Clearing (HKEx) is considering reinstating closing auctions, a move supported by international players but strongly opposed by local brokers.

Thursday, 28 June, 2012, 12:00am

HKEx hints at plan to diversify

The Hong Kong stock exchange intends to diversify its business, with yuan-denominated products and commodities becoming crucial to its long-term expansion plans, HKEx senior management said yesterday.

9 May 2012 - 12:00am

HKEx joins London Metal's suitors

Hong Kong Exchanges and Clearing, operator of the local stock market, is among the bidders lining up to buy the London Metal Exchange as part of a plan to expand into commodities trading, according to two people familiar with the situation.

18 Feb 2012 - 12:00am

Timing strengthens HK's competitiveness

Extending the trading hours of the Hong Kong stock market is intended to bring the bourse closer to international practices and allow investors more time to trade on the Hang Seng Index.

21 Jun 2011 - 12:00am

Corrections & clarifications

The report 'HKEx blazes trail for blue chips with close above HK$200' on September 22 included a misplaced quote from corporate governance advocate David Webb. His comment about sending a negative signal to the market referred to the government's purchase of shares in Hong Kong Exchanges and Clearing, not the takeover bids for the London Stock Exchange.

25 Sep 2007 - 12:00am

HKEx urged to bring back notices in papers

Legislators have urged the stock exchange to rethink the scrapping of a rule that requires listed companies to run corporate announcements in newspapers, arguing that retail investors who do not use the internet may be disadvantaged by the move.

6 Jul 2007 - 12:00am

Stock exchange proposal is a cause for public concern

Hong Kong Exchanges and Clearing has proposed scrapping the independent listing committee ('HKEx wants independent listing committee abolished,' June 9).

This proposal will cause public concern that HKEx, which has a dual role as a regulator and a listed business, may not be able (and not seen to be able) to discharge its duties and obligations to the public and investors.

5 Jul 2007 - 12:00am

HKEx shows no sign of giving up power

Hong Kong Exchanges and Clearing (HKEx) yesterday announced a list of rule changes to improve corporate governance - a sign it is not about to relinquish its powers.

Only a day earlier, the Securities and Futures Commission (SFC) had said it wanted to take over the vetting of candidates for listing.

31 Jan 2004 - 12:00am

Keeping a steady hand on market reform

AFTER A SIX-YEAR absence, Paul Chow Man-yiu returned to head Hong Kong Exchanges and Clearing (HKEx) at a defining moment in its history.

Many would like to see the exchange lose its role as front-line regulator of listed companies, and in March this year it looked as if they were about to get their wish.

22 Dec 2003 - 12:00am

Stock exchange reform

We now have on the table four alternatives for reform in the vetting and oversight of companies listed on the stock exchange. They are the creation of a subsidiary to Hong Kong Exchange and Clearing (HKEx) or a new government body, transfer of some powers from HKEx to the governmental Securities and Futures Commission (SFC), or dual listing through the SFC and HKEx. Which would you choose?

7 Oct 2003 - 12:00am

HK unlikely to go all the way with scripless market

Hong Kong is a step closer to becoming a scripless market, but is unlikely to go all the way, according to the Securities and Futures Commission (SFC).

1 Oct 2003 - 12:00am


Eleven candidates will contest six seats in the Hong Kong Exchanges and Clearing (HKEx) elections to be held next week. Yesterday, the deadline, HKEx said three more candidates had been nominated, including Institute of Securities Dealers deputy chairman Kenneth Lam Kin-hing, Sun Hung Kai Securities' David Parker and Hong Kong Stockbroker Association vice-chairman Henry Chan.

8 Apr 2003 - 12:00am


Hong Kong Exchanges and Clearing (HKEx) will consider installing new software after a nine-minute interruption to the Hong Kong Automated Trading System on Tuesday. In a report yesterday, the Securities and Futures Commission said the cause was related to a software defect in handling a complex combination of orders. System vendor OM Technology was preparing new software.

31 Jan 2003 - 12:00am

Bank studies investment hopes

Hong Kong Exchanges and Clearing has appointed JP Morgan Chase to review potential investment opportunities, sources said yesterday.

The investment bank would study whether the exchange should use part of its HK$5.27 billion shareholders' fund to invest in overseas markets, either in stock exchanges, electronic trading platforms or clearing houses, the sources said.

28 Aug 2002 - 12:00am

HKEx board lengthens trade one hour

Hong Kong Exchanges and Clearing still has one of the shortest trading days of the world's bourses after its board of directors yesterday approved an extension of just one hour.

27 Jul 2002 - 12:00am