HKEX posts best-ever quarterly result

The Hong Kong Exchanges and Clearing (HKEX) on Wednesday said profits for the first three months of the year were its best-ever quarterly results on record, thanks to increased turnover as well as new listings.

The city’s stock exchange operator saw profit rising 37 percent year on year to HK$4.08 billion in the first quarter, beating expectations. It registered HK$2.97 billion in profits for the same period last year.

Revenue and other income, meanwhile, advanced 36 percent year on year to HK$6.31 billion, compared to the HK$4.65 billion from the same period last year.

During the quarter, trading turnover exceeded HK$300 billion on 16 days, and the group also recorded two of the “largest follow-on offerings” in about four years.

“And we entered the second quarter of the year with a healthy pipeline of 120 listing applications, strengthening our position as a leading global fundraising venue,” said HKEX chief executive officer, Bonnie Chan.

“Looking at the rest of 2025 and beyond, we will continue to leverage our unique China advantage, expand our connectivity with global markets, and enhance our channels, platforms and products, ensuring that we remain resilient against macro volatility, whilst being capable of capturing the many exciting opportunities ahead,” she added.

The results came soon after the bourse operator signed a HK$6.3 billion deal with Hongkong Land to expand its office in Central.