Activity

The profits of HKEX have increased.
According to their 2024 Final Results announced on February 27, 2025:
* Record High Profit: HKEX achieved a record profit attributable to shareholders of HK$13.05 billion for the year ended December 31, 2024.
* Significant Increase: This represents a 10% increase compared to the profit of HK$11.862 billion in 2023.
This increase in profit was supported by:
* Record High Revenue: Total Group revenue and other income also reached a record high of HK$22.374 billion, up 9% from 2023.
* Higher Trading and Clearing Fees: This was driven by increased volumes across the cash, derivatives, and commodities markets, as well as a fee increment from the London Metal Exchange (LME).
* Record Average Daily Turnover (ADT): The ADT on the Hong Kong Stock Exchange soared by 26% year-on-year to HK$131.8 billion.
* Record Stock Connect Turnover: Both Northbound and Southbound trading under the Stock Connect program achieved record ADTs.
* Strong IPO Market: Hong Kong was the world’s fourth-largest IPO hub in 2024, with funds raised increasing by about 90% year-on-year.
Furthermore, in their Q1 2025 results announced more recently:
* Continued Profit Growth: HKEX secured a record revenue in Q1 2025 of HK$6.32 billion, which was 32% higher than in Q1 2024.
* Substantial Increase in Profit Attributable to Shareholders: The profit attributable to shareholders in Q1 2025 was HK$4.08 billion, a 37% increase compared to the same period in the previous year.
* Significant Increase in Average Daily Turnover: The average daily turnover also saw a substantial increase of 144% against Q1 2024, reaching HK$242.7 billion.
In summary, HKEX has experienced significant profit growth in both the full year of 2024 and the first quarter of 2025, driven by increased market activity and strategic initiatives.

Video courtesy of Eurex

Video courtesy of Eurex