0388.HK - Hong Kong Exchanges and Clearing Limited

HKSE - HKSE Delayed Price. Currency in HKD
288.400
+16.000 (+5.874%)
At close: 4:08PM HKT
Stock chart is not supported by your current browser
Previous Close272.400
Open272.600
Bid0.000 x 0
Ask0.000 x 0
Day's Range272.600 - 288.400
52 Week Range183.600 - 288.400
Volume21,911,252
Avg. Volume8,737,977
Market Cap357.157B
BetaN/A
PE Ratio (TTM)60.59
EPS (TTM)4.760
Earnings DateN/A
Forward Dividend & Yield5.10 (2.05%)
Ex-Dividend Date2017-04-28
1y Target Est258.97
  • Reuters8 hours ago

    As stockpiles fall, which metals are really in tight supply?

    Stocks of industrial metals in London Metal Exchange (LME) warehouses fell more than 40 percent last year and further declines are expected in 2018, which should in theory signal tighter supplies and fuel a blistering price rally. Stocks of metal in warehouses monitored by the Shanghai Futures Exchange (ShFE) more than doubled last year with aluminium stockpiles surging 649 percent to a record high of 754,133 tonnes as output in China jumped. Copper stocks in CME Group (CME.O) warehouses in the United States meanwhile leapt 139 percent to a record 232,777 tonnes.

  • Reuters7 days ago

    Alibaba will 'seriously consider' Hong Kong listing, says founder Ma

    SHANGHAI/HONG KONG (Reuters) - Alibaba Group Holding Ltd (BABA.N) will "seriously consider" listing in Hong Kong, founder Jack Ma said, potentially providing a powerful boost to the financial hub which is preparing to allow dual-class share listings. Ma made the comments at an event in the city on Monday in response to remarks by Hong Kong Chief Executive Carrie Lam about how she hoped Alibaba would consider returning to Hong Kong to list, an Alibaba spokeswoman said. "Daring to speak like this marks a strong commitment so we will definitely seriously consider the Hong Kong market," Ma said in response to Lam's speech, according to a transcript provided by Alibaba.

  • Hong Kong Eyes New Trading Rules, Adding Rebates to Spur Volume
    Bloomberg9 days ago

    Hong Kong Eyes New Trading Rules, Adding Rebates to Spur Volume

    Hong Kong Exchanges & Clearing Ltd. is considering rule changes aimed at increasing trading, according to Chief Executive Officer Charles Li.

  • Reuters12 days ago

    Euronext cites Brexit to escape EU markets competition rule

    PARIS/LONDON (Reuters) - Euronext (ENX.PA) has joined a growing list of exchanges citing Brexit to win a reprieve from a new rule aimed at promoting competition in clearing services for derivatives trades. The pan-European exchange becomes the fourth exchange this week to be granted a waiver until July 2020 from having to comply with an "open access" rule under a European Union law known as Markets in Financial Instruments Directive II or MiFID II, introduced on Wednesday. Under the new system aimed at increasing competition, an exchange would have to make available data from a derivatives transaction to any clearing house.

  • Reuters13 days ago

    Markets take EU's new financial rules in their stride

    The rollout of new rules on Wednesday that aim to make European Union financial markets safer and more transparent has been glitch-free so far, though disruptions cannot be ruled out, the EU's markets watchdog said. The new regime shines a spotlight on the inner workings of stock, bond, commodity and derivatives markets by forcing banks, asset managers and traders to provide detailed information on trillions of euros in transactions. "What we can see for our part, is no glitches so far," Steven Maijoor, chairman of the European Securities and Markets Authority (ESMA), told reporters.

  • Reuters14 days ago

    EU clearing houses given last-gasp MiFID reprieve

    Regulators have granted a last-minute reprieve to three clearing houses in Germany and Britain from having to give customers more choice under new European Union market rules that come into effect on Wednesday. One of the aims of the rules, known as the Markets in Financial Instruments Directive, or MiFID II, is to make it easier for people to choose where to clear the listed derivatives contracts they buy and sell. This would be done through the "open access" rule, which stops any requirement to clear a derivative contract within the same exchange group that traded the contract.

  • Reuters19 days ago

    BRIEF-Easyknit International Holdings ‍Announces Disposal Of Shares Of HKEx

    Dec 28 (Reuters) - Easyknit International Holdings Ltd : * ‍ANNOUNCES DISPOSAL OF SHARES OF HONG KONG EXCHANGES AND CLEARING LIMITED​ * ‍GROUP IS EXPECTED TO RECOGNIZE LOSS OF ABOUT HK$7.5 MILLION FOR ...

  • What is Behind Hong Kong Exchanges and Clearing Limited’s (HKG:388) Superior ROE?
    Simply Wall St.20 days ago

    What is Behind Hong Kong Exchanges and Clearing Limited’s (HKG:388) Superior ROE?

    Hong Kong Exchanges and Clearing Limited (SEHK:388) delivered an ROE of 20.12% over the past 12 months, which is an impressive feat relative to its industry average of 8.97% duringRead More...

  • TheStreet.com29 days ago

    Hong Kong Stock Exchange Makes Massive Blunder With Dual-Class Decision

    The Hong Kong stock exchange has decided to allow "public but not really" companies to list. Here's why it's a huge mistake.

  • Reuterslast month

    Hong Kong to push ahead with controversial dual-class shares

    Hong Kong is set to allow controversial dual-class shares under rule changes to be proposed by the city's stock exchange as it raises the stakes in its battle against New York for blockbuster Chinese initial public offerings (IPOs). Hong Kong Exchanges and Clearing (HKEX), the city's exchange operator, said on Friday it had begun drafting specific rule changes that will be put up for a formal public consultation in the first three months of 2018.

  • Reuterslast month

    Hong Kong to push ahead with controversial dual-class shares

    Hong Kong is set to allow controversial dual-class shares under rule changes to be proposed by the city's stock exchange as it raises the stakes in its battle against New York for blockbuster Chinese initial public offerings (IPOs). Hong Kong Exchanges and Clearing (HKEX), the city's exchange operator, said on Friday it had begun drafting specific rule changes that will be put up for a formal public consultation in the first three months of 2018.

  • Reuterslast month

    LME to deal clearing blow to new metals platform NFEx - sources

    The London Metal Exchange is unlikely to provide clearing services for proposed new trading platform NFEx, market sources said, presenting a significant obstacle to the new exchange before it goes live next year. After an initial burst of enthusiasm for NFEx, fanned by objections to a sharp rise in trading fees charged by the LME, sources said subsequent cuts to the LME's charges mean members are no longer keen on the rival exchange. "The project was hatched as a protest to the fee hike," said a London brokerage source.

  • HKEX opens office in Singapore
    Singapore Business Review2 months ago

    HKEX opens office in Singapore

    It will be its first overseas office. The Hong Kong Exchanges and Clearing Limited (HKEX) opened its Singapore office of The Stock Exchange of Hong Kong Limited (SEHK) and the Hong Kong Futures Exchange ...

  • HKEX opens office in Singapore
    Singapore Business Review2 months ago

    HKEX opens office in Singapore

    It will be its first overseas office. The Hong Kong Exchanges and Clearing Limited (HKEX) opened its Singapore office of The Stock Exchange of Hong Kong Limited (SEHK) and the Hong Kong Futures Exchange Limited (HKFE), wholly-owned subsidiaries of HKEX. According to a press release, it is the first overseas office of SEHK and HKFE.

  • Hong Kong listing for Aramco could attract huge Chinese demand: HKEX CEO
    Reuters2 months ago

    Hong Kong listing for Aramco could attract huge Chinese demand: HKEX CEO

    A Hong Kong listing by Saudi Aramco would help the oil giant secure huge Chinese demand for its $100 bln share sale, said the head of Hong Kong Exchanges & Clearing (HKEX) on Wednesday, as the world's leading stock exchanges pitch for the business. Saudi Aramco said in October that exchanges such as New York, London, Tokyo, and Hong Kong have all been looked at for the partial listing of the state company's shares.

  • Reuters2 months ago

    Hong Kong stock exchange likely to allow weighted voting rights-CEO

    Hong Kong Exchanges & Clearing Ltd (HKEX) is likely to allow weighted voting rights, its chief executive said, as the Asia financial hub's exchange operator looks to attract more new economy companies to remain a global listings powerhouse. Hong Kong was the world's biggest initial public offering (IPO) venue in 2016 but has been struggling to attract new companies this year, with the bulk of the those listing from property and financial sectors. HKEX, Asia's third-biggest equity bourse by market value, unveiled a proposal in June for a new board that would allow companies with share structures providing special voting rights, and those yet to make a profit, to list.

  • London Metal Exchange outlines waivers to new OTC fee
    Reuters2 months ago

    London Metal Exchange outlines waivers to new OTC fee

    The London Metal Exchange said on Wednesday it had agreed a range of waivers and discounts to assuage its members when it starts to charge a fee on off-exchange, over-the-counter (OTC) contracts that reference its prices. A consultation with users on the fee will start on Nov. 22 and end on Jan. 12 with a view to beginning charges from April 3, the LME said in a statement. The 140-year-old exchange announced the OTC fee in September alongside cuts for other exchange fees designed to help reverse declining volumes, down 7.7 percent last year.

  • Reuters2 months ago

    Hong Kong exchange Q3 profit jumps 32 pct as trading fees rise

    HONG KONG, Nov 8 (Reuters) - Hong Kong Exchanges & Clearing Ltd (HKEX) reported a 32 percent rise in its quarterly profit, helped by a surge in fees it levies on trading as well as stock listing as more ...

  • HKEX Sees Mainland Stock Connect Strategy Start to Pay Off
    Bloomberg2 months ago

    HKEX Sees Mainland Stock Connect Strategy Start to Pay Off

    Hong Kong Exchanges & Clearing Ltd.’s plan to be the gateway to the world’s second-biggest stock market seems to be slowly but surely paying off.

  • Reuters2 months ago

    BRIEF-Hong Kong Exchanges and Clearing says 9-mnth profit attributable up 22 pct

    Nov 8 (Reuters) - Hong Kong Exchanges And Clearing Ltd * 9-mnth revenue and other income HK$‍9,657​ million versus HK$8,478 million a year ago * Qtrly profit attributable to shareholders HK$‍2,033​ million ...

  • LME fee cuts aim to lure back volumes, but at what cost?
    Reuters3 months ago

    LME fee cuts aim to lure back volumes, but at what cost?

    Attempts by the London Metal Exchange to claw back lost trading volumes with fee cuts could cost up to 15 percent of its revenues over 12 months if those volumes do not materialise, metal industry sources say. Fee cuts are expected to be a subject of hot debate during LME Week, an annual gathering of the metal industry in London next week. The 140-year old exchange has struggled to reverse declining volumes, partly triggered by a steep 31 percent average fee hike at the start of 2015, which persuaded many customers to switch to the over-the-counter (OTC) market.

  • Reuters3 months ago

    Hong Kong signals may drop plan for third board for new economy firms

    A cloud of uncertainty hangs over Hong Kong's plan to float a new listing board to lure technology startups, with the government asking regulators to review their plans and put in place "adequate safeguards" for investors first. Hong Kong Exchanges and Clearing Ltd (HKEX) unveiled a proposal in June for the board that would allow companies with share structures providing special voting rights, and let firms that have not yet made a profit get listed. The move was prompted by the bourse operator's aim to boost exposure to high-growth sectors that might typically choose a U.S listing due to less stringent rules on profitability and share structures, as Alibaba Group Holding (BABA.N) and Baidu Inc (BIDU.O) have done in the past.

  • End of an era as Hong Kong stock trading floor set to close
    Associated Press3 months ago

    End of an era as Hong Kong stock trading floor set to close

    HONG KONG (AP) — Hong Kong's last remaining stock market floor traders are taking their final orders as the exchange prepares to shut its trading hall.

  • Reuters4 months ago

    HKEX CEO says talks to win Saudi Aramco listing "will never stop"

    Hong Kong Exchanges & Clearing Ltd (HKEX) is still in talks with oil giant Saudi Aramco, with the bourse's planned IPO investment link with China key to clinching the potential listing, Chief Executive Charles Li told Reuters on Tuesday. In February, Li said the stock exchange would bank on its role as a gateway to mainland China's deep-pocketed investors to win the coveted listing of state oil firm Saudi Arabian Oil Co [IPO-ARMO.SE].

  • Reuters4 months ago

    London Metal Exchange trading fees likely to be cut: HKEX chief

    Trading fees at the London Metal Exchange (LME) will likely be cut to bolster liquidity at the world's oldest and largest market for industrial metals, said the chief executive of its owner, Hong Kong Exchanges & Clearing (HKEX) . A 31 percent average fee hike in January 2015 is cited by metal industry officials as a major reason behind tumbling LME volumes, and the exchange is expected to announce fee cuts when it releases an industry reform plan later this week.