0388.HK - Hong Kong Exchanges and Clearing Limited

HKSE - HKSE Delayed Price. Currency in HKD

Hong Kong Exchanges and Clearing Limited

Two Exchange Square
8th Floor 8 Connaught Place
Central
Hong Kong
852 2522 1122
http://www.hkex.com.hk

SectorFinancial Services
IndustryFinancial Data & Stock Exchanges
Full Time Employees1,854

Key Executives

NameTitlePayExercisedYear Born
Mr. Xiaojia LiCEO & Exec. Director28.97MN/A1961
Mr. Romnesh LambaCo-Pres11.67MN/A1964
Mr. Chi Kin TaiCo-Pres & Chief Operating Officer9.69MN/A1962
Mr. Roland P. ChaiHead of Post-Trade6.98MN/A1973
Mr. John Patrick KillianGroup Chief Financial Officer8.21MN/A1968
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

Hong Kong Exchanges and Clearing Limited, together with its subsidiaries, owns and operates stock exchanges and futures exchanges, and related clearing houses in Hong Kong. It operates in five segments: Cash, Equity and Financial Derivatives, Commodities, Clearing, and Platform and Infrastructure. The Cash segment covers various equity products traded on the cash market platforms, the Shanghai Stock Exchange, and the Shenzhen Stock Exchange; sale of market data relating to the products; and other related activities. The Equity and Financial Derivatives segment provides and maintains trading platforms for a range of equity and financial derivative products, such as stock and equity index futures and options, derivative warrants, and callable bull/bear contracts and warrants, as well as sells related market data. The Commodities segment operates an exchange for the trading of base metals futures and options contracts in the United Kingdom; and operates Qianhai Mercantile Exchange Co., Ltd., a commodity trading platform in the Mainland. This segment also comprises the Asia Commodities contracts, and gold and iron ore futures contracts traded on Hong Kong Futures Exchange Limited. The Clearing segment operates clearing houses that are responsible for clearing and settlement of over-the-counter derivatives contracts. The Platform and Infrastructure segment offers various services that provide users with access to the platform and infrastructure. The company serves issuers and investors. Hong Kong Exchanges and Clearing Limited is based in Central, Hong Kong.

Corporate Governance

Hong Kong Exchanges and Clearing Limited’s ISS Governance QualityScore as of October 4, 2019 is 1. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.