Hong Kong exchange's H1 profit falls 27% on weaker listings, trading

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HONG KONG : The operator of Hong Kong's exchange reported on Wednesday a fall of 27 per cent in first-half profit, hit by a plunge in listing volumes and sluggish trading amid China’s slowing economy and heightened political tension. The attributable profit of Hong Kong Exchanges and Clearing Ltd (HKEX)

HONG KONG : The operator of Hong Kong's exchange reported on Wednesday a fall of 27 per cent in first-half profit, hit by a plunge in listing volumes and sluggish trading amid China’s slowing economy and heightened political tension.

The attributable profit of Hong Kong Exchanges and Clearing Ltd dipped to HK$4.8 billion in the first six months, from HK$6.6 billion in the corresponding period last year, the company said in an exchange filing.Source: Reuters

 

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