0388.HK - Hong Kong Exchanges and Clearing Limited

HKSE - HKSE Delayed Price. Currency in HKD
259.000
-1.000 (-0.38%)
As of 9:39AM HKT. Market open.
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Previous Close260.000
Open261.600
Bid259.000 x 0
Ask259.200 x 0
Day's Range259.000 - 261.800
52 Week Range195.600 - 306.000
Volume73,570
Avg. Volume6,502,974
Market Cap320.329B
Beta1.42
PE Ratio (TTM)42.95
EPS (TTM)6.030
Earnings DateAug 7, 2018 - Aug 13, 2018
Forward Dividend & Yield5.70 (2.17%)
Ex-Dividend Date2018-04-27
1y Target Est316.48
  • Reuters4 days ago

    Chinese internet firm Sina plans secondary listing in HK - sources

    HONG KONG (Reuters/IFR) - Chinese web portal and social media firm Sina Corp is planning a secondary listing in Hong Kong, in what would be one of the first floats to take advantage of the city's new rules designed to attract tech equity offerings, two sources said. Nasdaq-listed Sina, which has a 46 percent stake in China's Twitter-like Weibo Corp, is working with advisers on the listing that will likely take place in the fourth quarter, said the sources with direct knowledge of the matter. Sina did not respond to a request for comment.

  • Reuters4 days ago

    Chinese internet firm Sina plans secondary listing in HK - sources

    HONG KONG, May 24 (Reuters/IFR) - Chinese web portal and social media firm Sina Corp is planning a secondary listing in Hong Kong, in what would be one of the first floats to take advantage of the city's new rules designed to attract tech equity offerings, two sources said. Nasdaq-listed Sina, which has a 46 percent stake in China's Twitter-like Weibo Corp, is working with advisers on the listing that will likely take place in the fourth quarter, said the sources with direct knowledge of the matter.

  • Tencent Churn Has Hong Kong Investors Feeling Sickly
    Bloomberg5 days ago

    Tencent Churn Has Hong Kong Investors Feeling Sickly

    Tencent Holdings Ltd. is Hong Kong’s bread and butter. The owner of WeChat seems to be unstoppable, even after Naspers Ltd. dumped $10 billion of shares in March. Outsized trading volumes are perhaps one reason why Hong Kong Exchanges & Clearing Ltd. is begging high-tech startups to list in the city.

  • Metals entering new longer, shallower bull cycle as inflation turns
    Reuters11 days ago

    Metals entering new longer, shallower bull cycle as inflation turns

    Metals markets are moving into a new bull cycle that will be longer and shallower than the last, driven by rising inflation and dispersed demand growth, panelists said at the LME week Asia conference in Hong Kong. A broad-based pick up in global economic growth has pushed up energy prices and inflationary pressure that will gain more steam from an increase in U.S. interest rates. On top of a steady increase in fundamental demand, asset managers will have more interest in metals, which were ignored because of "cheap" cash and as yields in other sectors were more attractive, said Guy Wolf, Global Head of Market Analytics, Marex Spectron.

  • Financial Times13 days ago

    [$$] LME reports highest profits since 2015

    A separate filing showed the LME’s clearing business made pre-tax profits of $45m in 2017, against $52m a year earlier, and paid a dividend of $21.5m to HKEX. The results, which were lodged at the UK’s Companies House earlier this week, provide a granular insight into the profitability of the world’s biggest industrial metals exchange. HKEX does not break out the results of the LME in its quarterly results statements, reporting only revenue, operating expenses and earnings from its wider commodities and clearing businesses.

  • Reuters13 days ago

    Recovery in trading volumes a boon for LME ahead of its Asia metals conference

    A surprise pickup in trading volumes at the London Metal Exchange (LME) following years of stagnation is expected to be a dominant theme at the industry's largest event in Asia this week. Total LME turnover rose by 3 percent in the first quarter of 2018 in a trend that is likely to continue, boosted after U.S. sanctions hit the world's No.2 aluminium maker, Russia's Rusal , setting off a trading frenzy in the London bourse's flagship aluminium contract. The revival in volumes, which has also been stoked by a reduction in fees for shorter-dated trades, will be a topic welcomed by LME parent, Hong Kong Exchanges and Clearing Ltd , at this week's LME Week Asia conference in Hong Kong.

  • Reuters13 days ago

    Factbox - HKEX plans for metals trading in Shenzhen and LME trading fee reforms

    This time a year ago, Hong Kong Exchanges and Clearing had just welcomed a new chief executive for its London Metal Exchange (LME) business, was pledging an overhaul of the LME's fee structure and had launched a new spot metals trading platform in Shenzhen. The following outlines the steps the HKEX has taken to advance these programs announced in the past year and where the exchange has come up short. As a result, volumes have revived with total LME turnover rising 3 percent in the first quarter.

  • Reuters18 days ago

    China Stocks-Factors to watch on Thursday

    * PREVIOUS TRADING SESSION MOVES: * SSEC -0.1 pct, CSI300 -0.2 pct, HSI +0.4 pct * CNY official close 6.3688 per dollar, 1 pct softer vs US$ last 90 days * FTSE China A50 -0.2 pct, BNY Mellon ADR China ...

  • Reuters19 days ago

    HKEX first-quarter net profit rises 49 pct on higher trading fees

    HONG KONG, May 9 (Reuters) - Hong Kong Exchanges & Clearing Ltd (HKEX) said on Wednesday its first-quarter net profit rose 49 percent on year, thanks to a significant increase in trading fees. HKEX, which ...

  • Reuters19 days ago

    BRIEF-Hong Kong Exchanges And Clearing Posts QTRLY Profit Attributable Of HK$2.56 Bln

    May 9 (Reuters) - Hong Kong Exchanges and Clearing Ltd : * QTRLY PROFIT ATTRIBUTABLE HK$2,562 MILLION VERSUS HK$1,716 MILLION A YEAR AGO * QTRLY REVENUE AND OTHER INCOME HK$4,150 MILLION VERSUS HK$3,048 ...

  • Reuters21 days ago

    BRIEF-Hong Kong Exchanges And Clearing Gets Approval For Appointment Of Laura Cha As Chairman

    May 7 (Reuters) - Hong Kong Exchanges and Clearing Ltd : * CHIEF EXECUTIVE OF HONG KONG SPECIAL ADMINISTRATIVE REGION GIVES APPROVAL OF APPOINTMENT OF LAURA CHA AS CHAIRMAN * APPROVAL GRANTED FOR APPOINTMENT ...

  • Reuters24 days ago

    China details CDR rules to woo overseas-listed companies

    BEIJING/SHANGHAI, May 4 (Reuters) - China's securities regulator on Friday published draft rules on the issuance of China Depositary Receipts, or CDRs, paving the way for domestic flotation of offshore-listed tech giants and the launch of a cross-broader link of exchanges in Shanghai and London. Both Beijing and Hong Kong are targeting the likes of Baidu , Alibaba Group and JD.com by allowing them to list at home via secondary listings. The rules "lay the foundation for innovative companies to return to the domestic capital markets via the issuance of CDRs," the China Securities Regulatory Commission (CSRC) said on its website.

  • Reuters24 days ago

    China details CDR rules to woo overseas-listed companies

    BEIJING/SHANGHAI, May 4 (Reuters) - China's securities regulator on Friday published draft rules on the issuance of China Depositary Receipts, or CDRs, paving the way for domestic flotation of offshore-listed tech giants and the launch of a cross-broader link of exchanges in Shanghai and London. Both Beijing and Hong Kong are targeting the likes of Baidu , Alibaba Group and JD.com by allowing them to list at home via secondary listings. The rules "lay the foundation for innovative companies to return to the domestic capital markets via the issuance of CDRs," the China Securities Regulatory Commission (CSRC) said on its website.

  • Reuters24 days ago

    DIARY-Hong Kong corporate earnings week ahead

    May 4 (Reuters) - Diary of Hong Kong (.HSI) corporate earnings for the week ahead. HONG KONG EARNINGS Start Date Start RIC Company Event Name Time (GMT) 09-May-2018 NTS 0388.HK Hong Kong Exchanges and ...

  • Hong Kong Stock Exchange Sees High IPO Demand After Rule Changes
    Bloomberg24 days ago

    Hong Kong Stock Exchange Sees High IPO Demand After Rule Changes

    New rules for initial public offerings in Hong Kong have helped boost applications, according to the head of the city’s stock exchange. Hong Kong Exchanges & Clearing Ltd.’s Chief Executive Officer Charles Li expects a “very substantial autumn” for IPOs, he said in an interview on Bloomberg Television on Friday. Chinese smartphone maker Xiaomi Corp. was the first to file for a listing under the new regime, kicking off what could be the world’s biggest debut since 2014.

  • Reuters26 days ago

    BRIEF-HKEx Says Unit OTC Clearing Expands Its Services to USD/HKD Cross Currency Swaps

    May 2 (Reuters) - Hong Kong Exchanges and Clearing Ltd : * SAYS UNIT OTC CLEARING COMMENCES CLEARING OF USD/HKD CROSS CURRENCY SWAPS, EXTENDS CLEARABLE TENOR OF BOTH HKD INTEREST RATES SWAPS AND HKD BASIS ...

  • Reuters28 days ago

    Tencent Music invites banks to pitch for role in up to $4 bln U.S. IPO -IFR

    Tencent Music Entertainment Group, China's largest music-streaming company, has invited investment banks to pitch next week for a role in a U.S. IPO worth up to $4 billion, IFR reported on Monday, citing people familiar with the plans. The music arm of Chinese tech giant Tencent Holdings plans to go public by the end of the year, in a deal which it could raise between $3 billion and $4 billion, IFR, a Thomson Reuters publication, reported. A Tencent spokeswoman declined to comment on the IPO plans.

  • Hong Kong scrambles for talent in battle for Nasdaq's biotech crown
    Reuters28 days ago

    Hong Kong scrambles for talent in battle for Nasdaq's biotech crown

    When Hong Kong unveiled plans last year to encourage biotech companies to list in the city by loosening listing rules, the financial industry and investors cheered. Hong Kong was an obvious financing center for a growing number of Chinese companies developing new drugs.

  • Hong Kong scrambles for talent in battle for Nasdaq's biotech crown
    Reuters28 days ago

    Hong Kong scrambles for talent in battle for Nasdaq's biotech crown

    When Hong Kong unveiled plans last year to encourage biotech companies to list in the city by loosening listing rules, the financial industry and investors cheered. Hong Kong was an obvious financing center for a growing number of Chinese companies developing new drugs.

  • Reuters28 days ago

    Factbox - Who are Hong Kong's top biotech IPO hopefuls?

    Biotechs without revenue can apply to list in Hong Kong from Monday under new rules aimed at attracting listings, mostly from China's fast-developing market. The move is part of a bold effort to rival New York's Nasdaq, the biggest and best-known finance hub for biotech companies. It has built a pipeline of seven products in clinical development and 17 in total approved for clinical studies in China, the United States and Australia.

  • Reuterslast month

    Two China biotechs drop U.S. IPO plans for $800 mln Hong Kong floats -sources

    * Ascentage picks Hong Kong over U.S. due to new HKEX rules -chief * Ascentage planning to raise up to $300 mln - sources * Innovent Biologics looking to raise $300 mln-$500 mln - sources By Julie Zhu ...

  • Reuterslast month

    BRIEF-Hong Kong Exchanges And Clearing Appoints Cha May-Lung, Laura As Chairman

    April 26 (Reuters) - Hong Kong Exchanges and Clearing Ltd : * APPOINTS CHA MAY-LUNG, LAURA AS CHAIRMAN * CHA'S APPOINTMENT SUBJECT TO WRITTEN APPROVAL OF CHIEF EXECUTIVE OF HONG KONG SPECIAL ADMINISTRATIVE ...

  • Reuterslast month

    BRIEF-HKEX Says Proposed New Rules To Broaden Hong Kong's Lisiting Regime Will Take Effect On April 30

    April 24 (Reuters) - Hong Kong Exchanges and Clearing Ltd : * 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 ...