Hong Kong Stock Exchange

Hong Kong Exchanges and Clearing Ltd is the holding company for the city’s stock exchange, futures exchange and clearing company. Its market capitalisation makes it one of the world’s biggest listed companies.


Hong Kong battens down the hatches as stock market rout widens

The Hong Kong stock market saw one of its toughest days ever on Wednesday as the key index shed nearly 6 per cent. Photo: Nora Tam

Hong Kong's top finance officials and regulators on Wednesday  urged investors to keep calm as the Hang Seng Index suffered its biggest ever intraday fall.

Thursday, 9 July, 2015, 12:16am 1 comment

Hong Kong Exchanges and Clearing monitoring sell-off but vows no intervention

The offices of Hong Kong Exchanges and Clearing, the operator of the stock exchange here, which said it is monitoring the market sell-off but will not intervene in the exchange. Photo: Sam Tsang

Hong Kong Exchanges and Clearing chairman Chow Chung-kwong said on Wednesday the local bourse is closely monitoring the volatile market but has no intention to intervene at this time.

“The Hong Kong stock market was affected by two factors, the Greece debt crisis and the mainland stock market. Both have led to volatility in the Hong Kong stock market,” he said.

9 Jul 2015 - 9:44am 1 comment

China market regulator and central bank expand rescue plan to stop panic selling in equities

Investors sit in front of a screen showing market movements in a stock firm in Hangzhou. Photo: AFP

Chinese authorities expanded their market rescue package to cover smaller counters to stop panic selling as markets in Shanghai and Shenzhen continued to tumble on Wednesday.

8 Jul 2015 - 5:23pm 9 comments

Chinese markets routed as 51pc of A-shares in Shanghai and Shenzhen suspend trading; Hong Kong plunges

The Hang Seng index drops over 2,100 points on Wednesday as a rout in the mainland spilled over into Hong Kong. Photo: Sam Tsang

Mainland Chinese stocks tumbled sharply on Wednesday as sell orders piled up in an increasingly fragile market where an unprecedented 51 per cent of all listed shares are now voluntarily suspended from trade, locking up some US$2.2 trillion of previously tradeable market capitalisation. 

8 Jul 2015 - 11:42pm 27 comments

As Chinese stocks plunge, $32 billion of U.S. deals at risk

As Chinese stocks plunge, $32 billion of U.S. deals at risk

The plunge in Chinese stocks and suspension of new share listings could hurt $32 billion worth of "take-private" deals in the U.S., M&A experts said. (Photo: Reuters) 

8 Jul 2015 - 11:55am

Beijing’s support measures fail to arrest China’s stock market slide

Chinese investors continue to be nervous. Photo: Reuters

Mainland shares traded lower yesterday, raising the risk of wider economic fallout and testing Beijing's resolve to pull all available policy levers to stop the slide.

8 Jul 2015 - 9:15am 5 comments

Grexit fears felt all over Asia as Hang Seng sees sharpest fall in more than three years

Grexit fears felt all over Asia as Hang Seng sees sharpest fall in more than three years

Hong Kong's benchmark Hang Seng Index had its sharpest one-day decline in three-and-a-half years yesterday, leading a wider slump in Asian markets as investors fretted over a Greek vote to reject an aid-for-reform package from its creditors that raised the risk of a euro currency break-up.

7 Jul 2015 - 1:48pm 10 comments

Hong Kong Exchanges and Clearing sinks after Goldman downgrades firm to sell

Hong Kong Exchanges and Clearing Ltd (HKEx) Chief Executive Charles Li speaks during a news conference as shares of the exchange operator tumbled on Monday after it was downgraded by Goldman Sachs. Photo: Reuters

Hong Kong Exchanges and Clearing shares were slashed by 9.78 per cent on Monday morning after Goldman Sachs downgraded it to a ‘sell’ with a target price of HK$220.

By the lunch break it was trading at HK$234.40, its lowest level since April 8.

6 Jul 2015 - 3:22pm

Investors still not convinced by Beijing’s bid to end US$2.8 trillion market rout

"Senior policymakers realise that, because of the leverage in the system, stock market declines create a ripple effect that could damage the wider economy, so this is all about preventing a spreading panic that could trigger a systemic crisis," says Lu Ting, head of research at Hong Kong-listed mainland brokerage HTSC.

Restoring battered investor confidence is the cornerstone of Beijing's sweeping response to a US$2.8 trillion domestic stock market rout that could yet set off a systemic crisis and derail reforms to transform the country's economic model.

8 Jul 2015 - 10:00am 3 comments

Hong Kong tumbles to biggest single-day fall since 2011; Chinese shares close mixed as stimulus boost short-lived

The HKMA stands ready to provide liquidity support to the banking system should it become necessary to do so. Photo: Felix Wong

Hong Kong stocks had its sharpest one-day fall since November 2011 as investors turned risk averse due to worries a Greek vote to reject an aid-for-reform package from its creditors raised the risk of a euro currency break-up.

7 Jul 2015 - 12:07pm 8 comments

Beijing's curb on new listings seen as boost to Hong Kong's IPO market

Hong Kong's benchmark Hang Seng Index is up 10.42 per cent this year, compared with a 13.98 per cent gain for Shanghai. Photo: AFP

Hong Kong's initial public offering market is set for another year-end rush as Beijing reins in mainland share sales.

5 Jul 2015 - 11:27pm

Hong Kong stocks trade flat ahead of Sunday's Greek austerity vote

Traders will be eagerly awaiting results of Sunday's Greek referendum that could determine the euro zone's fate. Photo: AFP

Hong Kong stocks were virtually flat on Friday as caution prevailed ahead of Greece's much-anticipated referendum on Sunday.

3 Jul 2015 - 9:52pm

Shanghai shares finishes at over 3-month low; Beijing eyes manipulation and short-selling

Chinese investors monitor stock prices in Shanghai, as shares opened lower on Friday in a rout from highs hit in the middle of June. Photo: EPA

Shanghai stocks crashed over 6 per cent at the close on Friday as the country’s key benchmark posted its worst three-week decline since 1992, with Beijing's several stimulus measures failing to shake shares out of their prolonged funk.

3 Jul 2015 - 8:00pm 7 comments

China’s securities regulator relaxes rules on margin trading; Shanghai and Shenzhen bourses cut fees

Investors monitor stock prices in Shanghai as China's securities watchdog relaxed margin trading rules to shore up its sagging markets. Photo: Reuters

China’s securities regulator has relaxed rules on brokerages’ margin trading businesses amid growing concerns about sharp falls in the country’s stock markets, the official Xinhua news agency reported.

2 Jul 2015 - 8:53am

Hong Kong needs new stock board for Chinese technology firms, start-ups

Francis Leung says Hong Kong needs to establish a trading board for top mainland Chinese technology firms and start-ups. Photo: May Tse

Hong Kong needs to launch a new board for mainland Chinese technology companies and start-ups with more flexible listing rules such as dual-share structures, which have stoked controversy in the city, says a veteran investor.

1 Jul 2015 - 9:56pm