Caixin
Aug 17, 2023 04:33 AM
FINANCE

HKEX First Half Profit Rises 31% Despite Sliding Trading

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Regulators in Hong Kong and the mainland have made several moves to expand trading between markets
Regulators in Hong Kong and the mainland have made several moves to expand trading between markets

Hong Kong’s stock exchange posted a 31% increase in net profit for the first six months of the year as investment returns offset shrinking trading.

Hong Kong Exchanges & Clearing Ltd.’s first half net profit rose to HK$6.3 billion ($805 million) from HK$4.84 billion a year ago. Revenue climbed 18% to HK$10.6 billion, according to the results released Wednesday.

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