Wharf T&T clinches contract to set up HK exchange data system

Wharf T&T, a fixed-line telephone operator wholly owned by Wharf (Holdings), says it has a contract to set up a financial management information system for Hong Kong Exchanges and Clearing and has completed the core intersite network infrastructure upgrade of HKEx's derivatives markets.

Wharf T&T president Vincent Ma Wai-shin declined to disclose the contract size and whether the company's operating profit for the second half of last year could offset the first-half loss.

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