Tue, 03 Aug 2021

HKEX's revenue up sevenfold in 2 decades

16 Jun 2021, 02:05 GMT+10

HONG KONG, June 15 (Xinhua) -- Hong Kong Exchanges and Clearing Limited (HKEX), which is embracing its 21st anniversary of going public, has seen its revenue up by over seven times during the past two decades.

The HKEX raked in 19.19 billion Hong Kong dollars (about 2.47 billion U.S. dollars) last year, up significantly from 2.31 billion Hong Kong dollars in 2000, the bourse said in a statement on Tuesday.

The stock exchange has grown into one of the world's leading stock exchange groups. It is currently home to 2,550 listed companies and stands firm as one of the top international destinations for initial public offerings.

At the end of May, companies listed on HKEX's markets had a total market capitalization of over 53 trillion Hong Kong dollars.

The average daily turnover of its cash market has also grown from 13 billion Hong Kong dollars in 2000 to 197.1 billion Hong Kong dollars in 2021.

More Australia News

Access More

Sign up for Australian News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!