Hong Kong Exchanges and Clearing Ltd is the holding company for the city’s stock exchange, futures exchange and clearing company. Its market capitalisation made it the world’s biggest listed bourse as of the end of 2012. In December 2012, the HKEx clinched the US$2.2 billion takeover of the London Metal Exchange, the world's biggest marketplace for industrial metals.


A woman walks at Hong Kong Stock Exchange Thursday, Aug 27, 2015. China's main stock market index has surged 5.3 percent, its biggest gain in eight weeks, as Asian markets rose following Wall Street's overnight rebound. (AP Photo/Vincent Yu)

How Hong Kong stock exchange managed to profit even as stocks lost

Hong Kong Exchanges and Clearing, the operator of the local stock and futures markets, on Wednesday reported a 81 per cent year-on-year net profit growth for the third quarter despite a market slump during the period, thanks to a one-off gain from property sales.