|Bid||272.600 x 0|
|Ask||272.800 x 0|
|Day's Range||270.600 - 275.400|
|52 Week Range||195.600 - 281.800|
|Beta (3Y Monthly)||1.23|
|PE Ratio (TTM)||36.37|
|Earnings Date||May 8, 2019|
|Forward Dividend & Yield||6.71 (2.46%)|
|1y Target Est||283.00|
As Hong Kong Exchanges and Clearing Limited (HKG:388) announced its earnings release on 31 December 2018, the consensus outlook from analysts appear fairly confident, as a 14% increase in profitsRead More...
The head of MSCI has said there was “zero politics” in the index provider’s controversial decision to add more Chinese shares to an influential equity benchmark tracked by investments worth $1.9tn. The move by New York-based MSCI last month to hand Chinese equities a greater weighting, and on a faster timetable than had been planned, drew criticism from some investors concerned over the standards of corporate governance in China and the frequency with which shares are suspended from trading. It was also reported that MSCI’s decision was driven by concern that Beijing would stymie its effort to expand in China, the world’s second-largest economy and one that is opening its capital markets to foreign investors.
SINGAPORE/HONG KONG, March 12 (Reuters) - Singapore Exchange Ltd, which generates half of its revenues from derivatives business, could see a dent in its earnings following a move by the Hong Kong exchange operator to launch Chinese A-share futures contracts, analysts said. Shares in SGX fell 1.6 percent on Tuesday after slumping 3.7 percent in the previous session when it clocked the worst slide in 13 months. On Monday, Hong Kong Exchanges and Clearing (HKEX) unveiled a deal with MSCI to provide futures contracts on the MSCI China A Index, putting it in direct competition with SGX - a leading venue for offshore investors to track Chinese A-shares via its FTSE China A50 contracts.
Hong Kong Exchanges & Clearing Ltd. announced on Monday it signed an agreement with index provider MSCI Inc. to start trading Chinese equity futures, laying the groundwork for another avenue through which global investors can hedge exposure to China’s $7 trillion stock market. The HKEX plans are subject to regulatory approval. When trading starts, it will end SGX’s effective monopoly on offshore derivatives based on Chinese A shares which it has held since trading in its FTSE China A50 contract started in 2006.
(Bloomberg Opinion) -- Charles Li, chief executive of Hong Kong Exchanges & Clearing Ltd., has his plan at the ready. An agreement with MSCI Inc. is in the bag. Once regulators bless the idea, he will give futures contracts on China’s A-share index in the city a go.
The London Metal Exchange (LME) launched seven new cash-settled futures contracts on Monday, including hot-rolled coil (HRC) steel, alumina and cobalt, aiming to attract more business after profits fell last year. The world's oldest and largest market for industrial metals wants a stronger portfolio of products as competition intensifies with rival exchanges, such as CME Group Inc. of the United States. By early afternoon in London, the only trades among the new contracts had been 40 lots of aluminium premiums.
US stocks bounced back from their biggest weekly drop in three months with their largest one-day gain since January as a burst of merger activity and speculation propped up the market. The S&P 500 and ...
SHANGHAI/HONG KONG (Reuters) - Global index publisher MSCI and the Hong Kong stock exchange said on Monday they will launch futures contracts on the MSCI China A Index to provide a hedging tool as international investor interest in Chinese mainland shares surges. The license agreement between MSCI and Hong Kong Exchanges and Clearing Ltd (HKEX), which will launch the new product, comes less than two weeks after MSCI announced it would quadruple the weighting of Chinese shares in its global benchmarks later this year.
Hong Kong’s stock exchange and MSCI have agreed to launch futures contracts on the A-share portion of the global index provider’s flagship Emerging Markets index, laying the groundwork to allow international investors to hedge risk from their exposure to Chinese equities. an increase in China’s weighting in its EM index — an influential benchmark tracked by $1.9tn of funds — bringing forward to November the move originally planned for May next year.
March 11 (Reuters) - Hong Kong Exchanges and Clearing Ltd : * UNIT SIGNED AN AGREEMENT WITH MSCI LIMITED * MSCI HAS AGREED TO LICENSE TO HKFE MSCI CHINA A INDEX FOR INTRODUCTION OF FUTURES CONTRACTS * ...
Hong Kong's stock exchange has suspended share purchases of Han's Laser Technology made from overseas through the city's stock connect with the Shenzhen bourse, after foreign ownership in the mainland firm neared the regulatory cap. According to the Shenzhen Stock Exchange's website, the proportion of Han's Laser Technology shares held by overseas shareholders reached 28.38 percent on Tuesday. Under Chinese rules, combined foreign ownership in a China-listed company must not exceed 30 percent, while the ownership cap for an individual overseas investor is 10 percent.
A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. Historically, Hong Kong Exchanges and Clearing Limited (HKG:388) has paidRead More...
Feb 28 (Reuters) - Hong Kong Exchanges and Clearing Ltd : * HONG KONG EXCHANGES AND CLEARING ANNOUNCES STRATEGIC PLAN FOR 2019-2022 * AIMS TO FURTHER INCREASE INTERNATIONAL RELEVANCE TO CHINA AND ASIA, ...
Feb 27 (Reuters) - Hong Kong Exchanges and Clearing Ltd : * FY PROFIT ATTRIBUTABLE HK$ 9,312 MILLION VERSUS HK$7,404 MILLION * FY REVENUE AND OTHER INCOME HK$15,867 MILLION VERSUS HK$13,180 MILLION * FINAL ...
HONG KONG, Feb 27 (Reuters) - Hong Kong's stock exchange operator said on Wednesday its 2018 net profit surged 26 percent to a record high, just shy of market expectations, boosted by fees from a number ...
Glencore has lodged a complaint with the London Metal Exchange (LME) about the company's inability to take speedy delivery of aluminium from warehouses owned by ISTIM UK in Port Klang, Malaysia, two sources familiar with the matter said. London-listed commodity trader and miner Glencore bought 200,000 tonnes of aluminium on the LME late in January and made preparations to take that metal from ISTIM's warehouses. Metal entering the LME's global warehouse storage network is issued with a title document called a warrant.
Stuart Gulliver, former group chief executive of HSBC, and Joe Tsai, executive vice chairman of Alibaba, will advise the Hong Kong stock exchange operator on international developments, the company said on Thursday. Hong Kong Exchanges and Clearing (HKEX) said in a statement that it would form a new International Advisory Council to "contribute to HKEX's understanding of our global environment".
(Adds Ophir Energy, Alitalia, Bristol-Myers Squibb, Cemex, Tilray, Magellan Health, Verus Petroleum, Owens & Minor; Updates Bank Audi, Sainsbury) Feb 20 (Reuters) - The following bids, mergers, acquisitions ...
Hong Kong Exchanges and Clearing Ltd (HKEX), the stock exchange operator in the Asian financial hub, has agreed to buy a majority stake in a Chinese financial technology firm's unit to bolster the markets' technological capabilities. The financial details of HKEX's acquisition of a 51-percent stake in Ronghui Tongjin Technology Co Ltd, a unit of Shanghai-listed Shenzhen Kingdom Sci-Tech Co Ltd, were not disclosed.
Feb 20 (Reuters) - Shenzhen Kingdom Sci-Tech: * SAYS IT SIGNS LETTER OF INTENT FOR HONG KONG EXCHANGES AND CLEARING TO INVEST IN SHENZHEN-BASED FINANCIAL INFORMATION PROVIDER FOR 51 PERCENT STAKE Source ...
Fourteen non-governmental organisations (NGOs) including Amnesty and Global Witness have opposed plans by the London Metal Exchange to ban cobalt tainted by human rights abuses, a letter seen by Reuters showed. It was singled out in LME proposals to embed responsible sourcing principles into metal brands deliverable against its contracts, which include copper and zinc. Most of the world's supply comes from the Democratic Republic of Congo, often from artisanal mines where several organisations have cited human rights abuses.
Hong Kong financial regulators are proposing a paperless model for the city's securities market, a move that would enable them to potentially expedite the IPO process and remove one oft-cited irritation of the city's bankers and investors. The goal of the initiative is to enable investors to hold securities, particularly shares, in their own name without paper documents, according to a consultation paper. Hong Kong law currently still requires the use of paper documents to show the owner of certain securities.