FINWIRES · TerminalLIVE
FINWIRES

HKG:0388

8 stories mentioning HKG:0388Updated 4d ago

Every FINWIRES story that references HKG:0388, newest first.

Asia

Market Chatter: Hong Kong Sees 10 Specialist Technology Firm Listings in First Five Months of 2026

Hong Kong welcomed 10 specialist technology company listings during the first five months of the year, helping the firms collectively raise over HK$25 billion, The Standard reported Thursday, citing the head of the city's bourse.According to Hong Kong Exchanges and Clearing (HKG:0388) chief executive Bonnie Chan Yi-ting, proceeds from Hong Kong's initial public offering market reached HK$150 billion during the January to May period, while equity markets helped companies raise more than HK$40 billion.Meanwhile, the average daily turnover on the Hong Kong stock exchange advanced to HK$293 billion in May, Chan said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:0388
Asia

Hong Kong Exchange Processes 698 IPO Applications Through May

Hong Kong processed 698 initial public offering applications through May 29, with 500 applications still under review, according to a monthly report released by Hong Kong Exchanges and Clearing (HKG:0388) on Friday.Hong Kong recorded 62 new listings year-to-date, with all but one on the main board. On the flip side, 22 companies delisted during the period.The number of listed companies stood at 2,726 as of May 29, up from 2,686 at the start of the year, data showed.

HKG:0388
Asia

Market Chatter: Hong Kong Exchanges and Clearing Inches Closer to Gold Futures Relaunch

Hong Kong Exchanges and Clearing (HKG:0388) is set to restart gold futures trading on the local bourse, with preparatory work on a central clearing system at its final stage, The (Hong Kong) Standard reported.Joseph Chan Ho-lim, acting secretary for financial services and the Treasury, was quoted in the Monday report as saying that HKEX is expected to provide further details in due course, but that trial operations for the relaunch are expected within the year.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:0388
Asia

Hong Kong Stocks Rebound as China Policy Signals Lift Sentiment; Sunmi Tech Shines on Debut

Hong Kong stocks rebounded on Wednesday as policy signals from China's top leadership lifted sentiment alongside improving corporate earnings sentiment.The Hang Seng Index gained 432.06 points, or 1.7%, to close at 26,111.84, while the Hang Seng China Enterprises Index added 160.79 points, or 1.9%, to 8,805.60.China's Politburo called for faster development of a modern industrial system, wider adoption of artificial intelligence, and greater emphasis on technological self-reliance and supply chain resilience.It also highlighted measures to support consumption, stabilize the property sector, protect employment, and address industrial overcapacity.Meanwhile, markets also absorbed the surprise departure of the United Arab Emirates from OPEC, although the broader alliance is expected to remain intact.In corporate news, Shanghai Sunmi Technology (HKG:6810) made its Hong Kong debut, closing 241% higher at HK$84.80, compared with the offer price of HK$24.86.Hong Kong Exchanges and Clearing (HKG:0388) gained nearly 3% after reporting a 27% increase in first-quarter profit.Geely Automobile (HKG:0175) gained nearly 3% despite reporting a 27% decline in first-quarter profit.

Hang SengHKG:0175HKG:0388HKG:6810
Asia

Hong Kong Exchanges and Clearing's Profit Rises 27% in Q1

Hong Kong Exchanges and Clearing (HKG:0388) posted profit attributable to shareholders of HK$5.19 billion for the first quarter, up 27% from HK$4.08 billion a year earlier, according to a Wednesday Hong Kong bourse filing.Earnings per share at the exchange operator came in at HK$4.09, compared with HK$3.22 a year earlier.Revenue and other income rose 20% to HK$8.20 billion from HK$6.86 billion in the prior-year period.

HKG:0388
Asia

Market Chatter: Hong Kong Bourse to Introduce Zero-day Options in 2027

Hong Kong Exchanges and Clearing (HKG:0388) plans to launch zero-day derivative options in the first quarter of 2027, Bloomberg reported Tuesday.The options will let traders make short-term bets on intraday market moves, volatility events and data releases via options that settle within a day, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:0388
Asia

Market Chatter: HKEX Eyes Longer Derivatives Trading to Overlap With US Markets

Hong Kong Exchanges and Clearing (HKG:0388) will prioritize extending derivatives trading hours to cover U.S. market closing hours, The Standard reported, citing local media.The move aims to increase overlap with global markets and attract more international capital into Hong Kong assets, rather than compete with other exchanges on trading duration, Chief Operating Officer Vanessa Lau was quoted as saying.Extending trading hours for the cash equity market is more complex, as it would require coordination with local brokers and investors, as well as alignment with mainland China through the Stock Connect mechanism, the report said.There is currently no market consensus on such changes, and further study is needed, it added.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Hang SengHKG:0388
Asia

HKEX Unveils New Tech Indices Spanning Hong Kong, US, Korea

Hong Kong Exchanges and Clearing (HKG:0388) launched two technology-focused indices spanning Hong Kong, the U.S., and South Korea, according to a Monday press release.The HKEX KRX Semiconductor Index tracks Hong Kong-listed chip firms eligible for Southbound Stock Connect alongside leading South Korean semiconductor companies.The HKEX Tech & US Tech 100 Index combines constituents of the HKEX Tech 100 Index with the 100 largest Nasdaq-listed technology companies by market capitalisation.The exchange said the benchmarks are designed to enable cross-market exposure and support ETF development.HKEX also signed agreements with Bosera Asset Management (International), Da Cheng International Asset Management, E Fund Management (Hong Kong), GF International Investment Management, and Huatai-PCG Asset Management to launch ETFs tracking the indexes.

Hang SengHKG:0388

Track with the FINWIRES app suite