0388.HK - Hong Kong Exchanges and Clearing Limited

HKSE - HKSE Delayed Price. Currency in HKD
262.000
+1.600 (+0.614%)
As of 11:57AM HKT. Market open.
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Previous Close260.400
Open259.400
Bid262.000 x 0
Ask262.200 x 0
Day's Range259.000 - 264.800
52 Week Range188.500 - 306.000
Volume2,394,673
Avg. Volume10,001,487
Market Cap324.039B
Beta1.89
PE Ratio (TTM)43.45
EPS (TTM)6.030
Earnings DateN/A
Forward Dividend & Yield5.70 (2.16%)
Ex-Dividend Date2018-04-27
1y Target Est316.50
  • Financial Times31 minutes ago

    [$$] Hong Kong targets tech IPOs with new listing rules

    Hong Kong’s stock exchange is to publish final rules next week that will allow for ‘innovative’ companies ranging from biotechnology businesses to technology giants to list on the venue. Hong Kong Exchanges and Clearing will unveil its new listing regime on Tuesday, following weeks of consultation with market participants, including banks, lawyers and investors, the stock exchange confirmed. The exchange is also poised to announce that it will make it easier for companies, listed overseas to seek a secondary listing in Hong Kong.

  • Reuters2 hours ago

    Hong Kong exchange to announce new listing rules on Tuesday

    HONG KONG, April 20 (Reuters) - Hong Kong Exchanges and Clearing Ltd (HKEX) will announce new listing rules for companies including those with dual-class shares on Tuesday, its chief executive said. The ...

  • Financial Times4 days ago

    [$$] Hong Kong stock exchange enlists AI in fight against rule breakers

    The Hong Kong stock exchange is deploying artificial intelligence to detect unusual trading activity, as it steps up efforts to root out stock price manipulation and market abuses. Hong Kong Exchanges ...

  • Reuters8 days ago

    BRIEF-NZX Says It Approves HKEX, Singapore & Toronto Stock Exchanges As Recognised Exchanges For Equity Listings

    April 12 (Reuters) - NZX Regulation : * APPROVED HK EXCHANGES AND CLEARING LTD, SINGAPORE EXCHANGE, & TORONTO STOCK EXCHANGE AS RECOGNISED STOCK EXCHANGES FOR EQUITY LISTINGS * APPROVAL ENABLES ISSUERS ...

  • Reuters9 days ago

    BRIEF-HKEX Chief Executive Welcomes Raising Of Stock Connect’S Daily Quotas

    April 11 (Reuters) - Hong Kong Exchanges and Clearing Limited (HKEX) Chief Executive Charles Li: * SAYS WELCOMES THE ANNOUNCEMENT BY THE MAINLAND CHINESE AND HONG KONG REGULATORS OF THEIR RAISING OF STOCK ...

  • Reuters9 days ago

    BRIEF-HKEX Notes Announcement By CSRC & SFC On Expanding Daily Quota Under Stock Connect

    April 11 (Reuters) - Hong Kong Exchanges and Clearing Ltd : * NOTED JOINT ANNOUNCEMENT BY CSRC & SECURITIES AND FUTURES COMMISSION * NOTED IN ANNOUNCEMENT THAT NORTHBOUND DAILY QUOTA WILL BE INCREASED ...

  • Reuters11 days ago

    China joins HK-U.S. battle for Chinese tech listings

    When Charles Li, chief executive of the Hong Kong Exchange, last year announced plans to help the next wave of Chinese tech giants go public in the city, bankers celebrated. At last, they felt, Hong Kong could compete against New York, its fiercest rival for initial public offerings, by starting to offer tech founders the weighted voting rights common in the United States they were demanding. On March 30, China's securities regulator announced its own pilot scheme to encourage the very same group of companies to list in Shanghai and Shenzhen.

  • Reuters17 days ago

    BRIEF-HKEX Says Listing Committee Censures Former Executive Director Of Huarong International Financial

    April 3 (Reuters) - HKEX: * CENSURES FORMER EXECUTIVE DIRECTOR OF HUARONG INTERNATIONAL FINANCIAL FOR BREACHING OBLIGATIONS TO COOPERATE WITH EXCHANGE'S INVESTIGATION * CENSURING OF FORMER HUARONG INTERNATIONAL ...

  • Hong Kong Exchange's Bet on China Is Suddenly Under Threat
    Bloomberglast month

    Hong Kong Exchange's Bet on China Is Suddenly Under Threat

    Hong Kong’s stock exchange may have to dial back its ambition to become the indispensable conduit between China’s capital markets and the rest of the world.

  • Reuterslast month

    Goldman calls for Hong Kong to rethink dual-class founder share limits

    Goldman Sachs Group Inc (GS.N) has called on Hong Kong to reconsider planned limits on how much equity company founders can hold when the city introduces dual-class shares, warning they could dent the city's competitiveness versus major centres like New York. The new rules, due to take effect by mid-year, are designed to give greater voting rights to founding shareholders as part of efforts to attract Chinese tech and other new economy firms as Hong Kong seeks to counter New York's success in attracting headline-grabbing Chinese companies. Ken Hitchner, chairman and chief executive of Goldman Sachs' Asia-Pacific operations told a regulatory conference that "not limiting the amount of equity that founders can hold at the time of an IPO" could help attract more Chinese companies to the Hong Kong market.

  • Reuterslast month

    Goldman calls for Hong Kong to rethink dual-class founder share limits

    Goldman Sachs Group Inc has called on Hong Kong to reconsider planned limits on how much equity company founders can hold when the city introduces dual-class shares, warning they could dent the city's competitiveness versus major centres like New York. The new rules, due to take effect by mid-year, are designed to give greater voting rights to founding shareholders as part of efforts to attract Chinese tech and other new economy firms as Hong Kong seeks to counter New York's success in attracting headline-grabbing Chinese companies. Ken Hitchner, chairman and chief executive of Goldman Sachs' Asia-Pacific operations told a regulatory conference that "not limiting the amount of equity that founders can hold at the time of an IPO" could help attract more Chinese companies to the Hong Kong market.

  • Hong Kong Exchange, MSCI Are Said to Plan New Asian Futures
    Bloomberglast month

    Hong Kong Exchange, MSCI Are Said to Plan New Asian Futures

    Hong Kong Exchanges & Clearing Ltd. is working with index compiler MSCI Inc. to create futures contracts that would track hundreds of Asian companies, a broadening of the bourse’s offerings as it looks ...

  • Reuterslast month

    China's Hua Medicine plans $400m Hong Kong IPO, led by Goldman - sources

    Chinese drug developer Hua Medicine is planning to raise at least $400 million in an initial public offering in Hong Kong in the latest in a series of biotech floats in the city, said people with knowledge of the matter. Hong Kong is formulating new rules for early-stage drug developers in an effort to woo companies in the fast-growing sector - notably those in China - into choosing the city over New York, the traditional hub for initial public offerings from the industry.

  • The Wall Street Journallast month

    [$$] Hong Kong Exchange May Have Reached Its Peak

    What next for Hong Kong? The city’s future as one of Asia’s pre-eminent financial centers has felt ever more precarious in recent years, as rival mainland Chinese markets have expanded and opened up to ...

  • What Should Investors Know About Hong Kong Exchanges and Clearing Limited’s (HKG:388) Future?
    Simply Wall St.last month

    What Should Investors Know About Hong Kong Exchanges and Clearing Limited’s (HKG:388) Future?

    Looking at Hong Kong Exchanges and Clearing Limited’s (SEHK:388) earnings update in December 2017, analysts seem fairly confident, as a 25.86% increase in profits is expected in the upcoming year,Read More...

  • Reuters2 months ago

    China's Tasly to list biotech arm in $1 billion Hong Kong IPO - sources

    China's Tasly Pharmaceutical Group is planning to list its biopharma unit in Hong Kong to raise about $1 billion (725 million pounds), in what is likely to be the largest biotech float in the city this year, people with knowledge of the matter said. The plan comes as Hong Kong Exchanges and Clearing, the city's exchange operator, is proposing changes to its listing rules to woo early-stage drug developers. Tianjin-based Tasly, well known for producing traditional Chinese medicines, aims to list its wholly owned biopharma arm - Shanghai Tasly Pharmaceutical in the second half of 2018, said the people.

  • Tech Firms Question Hong Kong's Plan to Lure Next Alibaba
    Bloomberg2 months ago

    Tech Firms Question Hong Kong's Plan to Lure Next Alibaba

    Technology companies and service providers are questioning key parts of Hong Kong’s plan to allow dual-class shares, just as firms including Xiaomi Corp. and Tencent Music Entertainment Group are considering ...

  • Reuters2 months ago

    London Metal Exchange to introduce $1 OTC fee on June 1

    The London Metal Exchange (LME) plans to introduce a fee from June 1 for off-exchange, over-the-counter (OTC) contracts that reference its prices to try to boost revenue after it slashed other fees last year. Details of the $1 per OTC contract fee in an LME statement on Thursday were largely in line with a consultation about the fee it held in recent months, although it delayed imposing the fee for two months. "We are confident that the proposal is transparent, fair and non-discriminatory," Adrian Farnham, chief executive of LME Clear, the exchange's clearing house, said in a statement.

  • Reuters2 months ago

    HKEX executive says maintaining active dialogue with Saudi Aramco on IPO plan

    Hong Kong Exchanges & Clearing (HKEX) is still maintaining an "active" and "good conversation" with Saudi Aramco about its planned massive share sale, the head of HKEX said on Wednesday. At a news conference after announcing its results, Charles Li, however, said HKEX doesn't have visibility about Saudi Aramco's listing plan. The Saudi government says Aramco is worth $2 trillion (£1.44 trillion) and aims to list on one or more foreign stock exchanges in addition to Riyadh.

  • Reuters2 months ago

    Hong Kong exchange's FY profit jumps as new listings hit record

    * FY2017 profit rises to HK$7.4 bln, meets estimates * Listings in 2017 hit all-time high with 174 firms making debut (Adds details on trading income and listing, CEO comment) By Sumeet Chatterjee HONG ...