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HKEX’s revenue up sevenfold in 2 decades

Tuesday, June 15, 2021, 22:50

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HKEX’s revenue up sevenfold in 2 decades

By Xinhua

Tuesday, June 15, 2021, 22:50
By Xinhua

HONG KONG – 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.

HKEX raked in HK$19.19 billion (about US$2.47 billion) last year, up significantly from HK$2.31 billion in 2000, the bourse said in a statement on Tuesday.

ALSO READ: HKEX posts record profit on trading, IPO surge

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 HK$53 trillion.

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

READ MORE: HKEX proposes easing listing rules to lure more overseas firms

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