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Hong Kong Exchanges and Clearing Ltd (0388.HK)

0388.HK on Hong Kong Stock

277.20HKD
18 Apr 2019
Change (% chg)

HK$-0.80 (-0.29%)
Prev Close
HK$278.00
Open
HK$278.00
Day's High
HK$278.00
Day's Low
HK$276.00
Volume
2,404,346
Avg. Vol
4,651,286
52-wk High
HK$286.20
52-wk Low
HK$195.60

Latest Key Developments (Source: Significant Developments)

HKEX Unit Signs Agreement With MSCI
Monday, 11 Mar 2019 

March 11 (Reuters) - Hong Kong Exchanges and Clearing Ltd <0388.HK>::UNIT SIGNED AN AGREEMENT WITH MSCI LIMITED.MSCI HAS AGREED TO LICENSE TO HKFE MSCI CHINA A INDEX FOR INTRODUCTION OF FUTURES CONTRACTS.NEW CONTRACTS WILL COMPLEMENT STOCK CONNECT ACCESS TO MAINLAND CHINA'S EQUITY MARKETS, WITH EFFECTIVE RISK MANAGEMENT TOOL.MSCI CHINA A INDEX WILL REPRESENT A-SHARE PORTION OF MSCI EMERGING MARKETS INDEX.HONG KONG EXCHANGES AND CLEARING -MSCI CHINA A INDEX WILL COMPRISE 421 LARGE AND MID CAP A-SHARES, ON A PRO FORMA BASIS .  Full Article

Hong Kong Exchanges And Clearing Announces Strategic Plan For 2019-2022
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Hong Kong Exchanges and Clearing Ltd <0388.HK>::HONG KONG EXCHANGES AND CLEARING ANNOUNCES STRATEGIC PLAN FOR 2019-2022.AIMS TO FURTHER INCREASE INTERNATIONAL RELEVANCE TO CHINA AND ASIA, AND ASIA RELEVANCE TO GLOBAL MARKETS.OVER 3-YEARS, TO SUPPORT INTERNATIONAL PORTFOLIO DIVERSIFICATION BY MAINLAND CHINA INVESTORS.MODERNISE CORE SYSTEMS TO ENHANCE PRODUCT AND SERVICE OFFERINGS AND IMPROVE MARKET AND OPERATIONAL EFFICIENCY OVER 3-YEAR PERIOD.IN 2019-2022, TO EXPAND NORTHBOUND CAPITAL INFLOWS BY BROADENING AVAILABILITY OF ONSHORE PRODUCTS.IN 2019-2022, TO LAUNCH A-SHARE FUTURES PRODUCTS.OVER 3-YEAR PERIOD TO EXPAND TECHNOLOGY RESOURCES THROUGH ACQUISITIONS OR ALLIANCES WITH TECHNOLOGY PARTNERS.OVER 3-YEAR PERIOD TO EXPAND POST-TRADE INFRASTRUCTURE TO ADDRESS CROSS-BORDER CUSTODY AND SETTLEMENT NEEDS OF MAINLAND, INTERNATIONAL INVESTORS.IN 2019-2022, TO FURTHER EXTEND TRADING HOURS FOR EQUITY DERIVATIVES, EXPAND LIST OF SHORT-SELLABLE STOCKS & EXPLORE WAYS TO REDUCE TRADING COST.OVER 3-YEAR PERIOD SEES TO SHORTEN IPO CYCLE IN EQUITY BUSINESS.OVER 3-YEAR PERIOD TO FACILITATE ACCESS TO THE HONG KONG MARKET BY ENABLING REMOTE PARTICIPANTSHIP.OVER 3-YEAR PERIOD, TO DEVELOP CNY-BASED DERIVATIVES MARKET, LAUNCHING ADDITIONAL PRODUCTS IN RATES, CREDIT AND CURRENCY IN FIC BUSINESS.  Full Article

HKEX Appoints Wilfred Yiu As Head Of Markets
Wednesday, 27 Feb 2019 

Feb 28 (Reuters) - Hong Kong Exchanges and Clearing Ltd <0388.HK>::HKEX SAYS WILFRED YIU TO JOIN CO ON 8 APRIL AS HEAD OF MARKETS.HKEX SAYS BIPIN PATEL TO JOIN CO AS GROUP RISK OFFICER IN APRIL.HKEX SAYS CALVIN TAI APPOINTED AS CHIEF OPERATING OFFICER AND CO-PRESIDENT OF HKEX.HKEX SAYS ROMNESH LAMBA APPOINTED CO-PRESIDENT OF HKEX.ROLAND CHAI HAS BEEN APPOINTED TO POSITION OF HEAD OF POST-TRADE, EFFECTIVE 8 APRIL 2019.RICHARD LEUNG BECOMES GROUP CHIEF TECHNOLOGY OFFICER, EFFECTIVE IMMEDIATELY.LI GANG BECOMES SOLE HEAD OF MARKET DEVELOPMENT, EFFECTIVE IMMEDIATELY.  Full Article

Hong Kong Exchanges And Clearing Posts FY Profit Attributable Of HK$9,312 Mln
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Hong Kong Exchanges and Clearing Ltd <0388.HK>::FY PROFIT ATTRIBUTABLE HK$ 9,312 MILLION VERSUS HK$7,404 MILLION.FY REVENUE AND OTHER INCOME HK$15,867 MILLION VERSUS HK$13,180 MILLION.FINAL DIVIDEND NIL .FY AVERAGE DAILY VOLUME OF STOCK OPTIONS CONTRACTS TRADED ON THE STOCK EXCHANGE 517,395 VERSUS 428,499.FY AVERAGE DAILY VOLUME OF DERIVATIVES CONTRACTS TRADED ON THE FUTURES EXCHANGE 686,602 VERSUS 441,320.FY CHARGEABLE ADV OF METALS CONTRACTS TRADED ON LME 629,556 LOTS, UP 5 PERCENT.TRADE TENSIONS BETWEEN U.S. AND CHINA, UNCERTAINTIES ON BREXIT, SLOWING ECONOMIC GROWTH IN A NUMBER OF KEY MARKETS ETC ALL IMPACT CO'S MARKETS.UNDERTAKING MULTI-YEAR PROJECT TO COMPREHENSIVELY UPGRADE POST-TRADE INFRASTRUCTURE ACROSS ALL POST-TRADE BUSINESS PROCESSES AND SYSTEMS.  Full Article

Kingdom Sci-Tech Signs Letter Of Intent For Hong Kong Exchange To Invest In Shenzhen Information Provider
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Shenzhen Kingdom Sci-Tech <600446.SS>::SAYS IT SIGNS LETTER OF INTENT FOR HONG KONG EXCHANGES AND CLEARING <<<0388.HK>>> TO INVEST IN SHENZHEN-BASED FINANCIAL INFORMATION PROVIDER FOR 51 PERCENT STAKE.  Full Article

Hong Kong Exchanges And Clearing Posts Qtrly Profit Attributable Of HK$2,443 Mln
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Hong Kong Exchanges and Clearing Ltd <0388.HK>::QTRLY REVENUE HK$ 3,563 MILLION VERSUS HK$3,078 MILLION.QTRLY PROFIT ATTRIBUTABLE HK$2,443 MILLION VERSUS HK$2,033 MILLION.9-MONTH AVERAGE DAILY VOLUME OF METALS CONTRACTS TRADED ON LME 748,960 LOTS VERSUS 618,871 LOTS.  Full Article

Hong Kong Exchanges And Clearing Says HY Profit Attributable HK$5.04 Bln
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Hong Kong Exchanges and Clearing Ltd <0388.HK>::HY REVENUE AND OTHER INCOME HK$8,194 MILLION VERSUS HK$6,203 MILLION.HY PROFIT ATTRIBUTABLE HK$5,041 MILLION VERSUS HK$3,493 MILLION.INTERIM DIVIDEND HK$3.64 PER SHARE.HY AVERAGE DAILY VOLUME OF METALS CONTRACTS TRADED ON LME 763,965 LOTS VERSUS 597,542 LOTS."LOOKING TO LAUNCH SEVERAL NEW CONTRACTS...WHILE WORKING TO EXPAND OUR PRECIOUS METALS, ALUMINIUM, FERROUS METALS AND BATTERY MATERIALS MARKETS".GROUP'S CAPITAL EXPENDITURE COMMITMENTS AT 30 JUNE 2018, INCLUDING THOSE AUTHORISED BY BOARD BUT NOT YET CONTRACTED FOR, AMOUNTED TO $1,444 MILLION.ALL FIGURES IN HK$.  Full Article

Eminence Enterprise Updates On Sales Of HKEX Shares
Friday, 3 Aug 2018 

Aug 3 (Reuters) - EMINENCE ENTERPRISE LTD <0616.HK>::BETWEEN MARCH 7 & JULY 31, CO SOLD TOTAL 439,354 HKEX SHARES; NET PROCEEDS OR GAIN OF ABOUT HK$9.7 MILLION.  Full Article

Hong Kong Exchanges And Clearing Gets Approval for Re-appointment of Chief Executive
Wednesday, 20 Jun 2018 

June 20 (Reuters) - Hong Kong Exchanges and Clearing Ltd <0388.HK>::SECURITIES AND FUTURES COMMISSION GIVEN ITS WRITTEN APPROVAL OF RE-APPOINTMENT OF CHARLES LI AS CEO OF HKEX.  Full Article

Easyknit International Updates On Holdings Of HKEX Shares
Monday, 4 Jun 2018 

June 4 (Reuters) - EASYKNIT INTERNATIONAL HOLDINGS LTD <1218.HK> ::DURING PERIOD OF FEB 28 TO MAY 31, CO DID NOT DISPOSE ANY HKEX SHARES & OWNS TOTAL OF 391,541 HKEX SHARES AS AT 31 MAY 2018.  Full Article

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LME ready to address flaws in its metal storage rules

LONDON The London Metal Exchange is poised to deal with a loophole in its warehousing rules, exposed after commodity trader Glencore bought large amounts of aluminum earlier this year, sources familiar with the matter said.