Edition:
United Kingdom

Hong Kong Exchanges and Clearing Ltd (0388.HK)

0388.HK on Hong Kong Stock

262.00HKD
24 Apr 2018
Change (% chg)

HK$3.20 (+1.24%)
Prev Close
HK$258.80
Open
HK$258.80
Day's High
HK$262.80
Day's Low
HK$258.60
Volume
4,567,776
Avg. Vol
10,376,255
52-wk High
HK$306.00
52-wk Low
HK$188.50

Latest Key Developments (Source: Significant Developments)

HKEX Says Proposed New Rules To Broaden Hong Kong's Lisiting Regime Will Take Effect On April 30
12:44pm BST 

April 24 (Reuters) - Hong Kong Exchanges and Clearing Ltd <0388.HK>::SAYS THE PROPOSED NEW RULES TO BROADEN HONG KONG’S LISTING REGIME WILL TAKE EFFECT ON APRIL 30.SAYS IT IS ADDING THREE NEW CHAPTERS IN THE MAIN BOARD LISTING RULES.SAYS IT PERMITS LISTINGS OF BIOTECH ISSUERS THAT DO NOT MEET ANY OF THE MAIN BOARD FINANCIAL ELIGIBILITY TESTS.SAYS IT PERMITS LISTINGS OF COMPANIES WITH WEIGHTED VOTING RIGHT (WVR) STRUCTURES.SAYS IT ESTABLISHES NEW CONCESSIONARY SECONDARY LISTING ROUTE FOR GREATER CHINA AND INTERNATIONAL COMPANIES THAT WISH TO SECONDARY LIST IN HONG KONG.SAYS IT PLANS TO LAUNCH A SEPARATE CONSULTATION BY 31 JULY 2018 ON MATTER RELATED TO LEGITIMATE COMMERCIAL AND COMPETITIVE REASONS TO PERMIT CORPORATES TO HOLD WVRS.  Full Article

Hong Kong Exchange Publishes Results of Review of Disclosure In Issuer's Annual Reports
Friday, 26 Jan 2018 

Jan 26 (Reuters) - Hong Kong Exchanges And Clearing Ltd <0388.HK>::THE STOCK EXCHANGE OF HONG KONG LTD PUBLISHES RESULTS OF ITS LATEST REVIEW OF DISCLOSURE IN ISSUERS' ANNUAL REPORTS.THE STOCK EXCHANGE OF HONG KONG LTD SAYS IT NOTED AN INCREASE IN NEWLY LISTED ISSUERS WHICH EXHIBIT "SHELL" CHARACTERISTICS.THE STOCK EXCHANGE OF HONG KONG LTD SAYS IT WILL CONTINUE TO CLOSELY MONITOR THESE ISSUERS AND WHERE JUSTIFIED, APPLY THE REVERSE TAKEOVER RULES IN EXTREME CASES.  Full Article

BRIEF-HKEx Says Securities Market's Market Capitalisation Up 37 Pct Y/Y
Friday, 5 Jan 2018 

Refiles with category code:SAYS SECURITIES MARKET'S MARKET CAPITALISATION UP 37 PERCENT Y/Y AT HK$34 TRILLION ($4.35 trillion) AT END-2017, HITS RECORD HIGH.SAYS AVERAGE DAILY TURNOVER WAS HK$88.2 BILLION IN 2017, UP 32 PERCENT Y/Y.SAYS 174 NEWLY LISTED COMPANIES IN 2017, AN INCREASE OF 38 PERCENT FROM 126 IN 2016.SAYS TOTAL FUNDS RAISED IN 2017 AT HK$579.9 BILLION, UP 18 PERCENT Y/Y.SAYS 2,118 LISTED COMPANIES IN HONG KONG STOCK EXCHANGE BY END-2017, RISES FROM 1,973 AT END-2016.  Full Article

UK markets watchdog gives clearing houses MiFID waivers​
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - :FINANCIAL CONDUCT AUTHORITY (FCA) HAS RECEIVED APPLICATIONS UNDER ARTICLE 54(2) FROM TRADING VENUES ICE FUTURES EUROPE AND LONDON METAL EXCHANGE ("LME")​.‍FCA HAS DECIDED TO AGREE A TRANSITIONAL ARRANGEMENT FOR THOSE ENTITIES.​.FROM 3 JANUARY 2018, ICE FUTURES EUROPE AND LME WILL NOT BE REQUIRED TO CONSIDER OPEN ACCESS REQUESTS UNTIL JULY 2020​.  Full Article

Hong Kong exchange's unit seeks views on proposed rule changes related to aircraft leasing
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Hong Kong Exchanges And Clearing Ltd <0388.HK>:Unit says it seeks views on proposed rule changes relating to aircraft leasing activities.Chief regulatory officer and head of listing says the proposed rule changes seek to ensure an effective regulation of aircraft leasing activities without compromising investor protection.Source text in English: http://bit.ly/2zKhI4q.Further company coverage: 0388.HK.  Full Article

HKEx sees Stock Connect expanding further
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Hong Kong Exchanges and Clearing Ltd <0388.HK>:Says Stock Connect Southbound trading turnover totalled HK$3.33 trillion ($426.78 billion) as of Oct 31, bringing a net capital inflow of HK$637.5 billion into Hong Kong market.Says mainland investors held nearly HK$808.8 billion worth of shares in Hong Kong through stock connect, more than double the amount from end-2016.Says mainland investors trading through Stock Connect contributed 7.2 percent of Hong Kong market’s average daily equity turnover in Jan-Oct, compared with an average of 4 percent in 2016, 2.4 percent in 2015.Says Stock Connect northbound trading turnover totalled 4.055 trillion yuan ($611.25 billion), bringing a net capital inflow of 326.3 billion yuan into mainland a-share market as of oct 31.Says Hong Kong and international investors held 310.3 billion yuan worth of shares in Shanghai, 181.4 billion yuan worth in Shenzhen as of Oct 31.  Full Article

Hong Kong Exchange posts volumes for first ferrous metal product, iron ore futures
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Hong Kong Exchanges and Clearing Ltd <0388.HK>:Says day session volume of its first ferrous metal product, iron ore futures on Nov 13 totalled 1,022 contracts, equivalent to 102,200 tonnes of iron ore.Says 11 exchange participants traded the new contract on Nov 13.  Full Article

Hong Kong Exchanges and Clearing says 9-mnth profit attributable up 22 pct
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Hong Kong Exchanges And Clearing Ltd <0388.HK>:9-mnth revenue and other income HK$‍9,657​ million versus HK$8,478 million a year ago.Qtrly profit attributable to shareholders HK$‍2,033​ million versus HK$1,543 million.9-month average daily volume of metals contracts traded on LME ‍618,871​ lots versus 612,663 lots a year ago.9-month ‍profit attributable to shareholders HK$5,526 million, up 22 percent.  Full Article

ZhongAn Online gets admission to list of designated securities for short selling
Friday, 3 Nov 2017 

Nov 3 (Reuters) - The Stock Exchange of Hong Kong Limited, unit of Hong Kong Exchanges and Clearing <0388.HK>:Says Zhongan Online P & C Insurance <<<6060.HK>>> will be admitted to the list of designated securities eligible for short selling from Nov 10.  Full Article

Hong Kong exchange seeks views on proposed rule changes, deadline for responses on Nov 24
Friday, 22 Sep 2017 

Sept 22 (Reuters) - Hong Kong Exchanges And Clearing Ltd <0388.HK>:Says it seeks views on proposed rule changes relating to capital raisings by listed issuers and its delisting framework, deadline for responses is Nov 24.  Full Article