A general stock exchange pictrure in Central on 3 March 2020. Photo: Martin Chan
A general stock exchange pictrure in Central on 3 March 2020. Photo: Martin Chan
HKEX

HKEX posts biggest quarterly profit drop in five years as IPOs and stock trading dry up amid Hong Kong’s Covid-19 slump

  • The exchange’s net profit fell to HK$2.67 billion, or HK$2.11 per share, in the first three months
  • Average daily transactions on the exchange shrank by 35 per cent to HK$146.53 billion during the first quarter, sending HKEX’s core business revenue tumbling by 16 per cent

A general stock exchange pictrure in Central on 3 March 2020. Photo: Martin Chan
A general stock exchange pictrure in Central on 3 March 2020. Photo: Martin Chan
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