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Hong Kong Stock Exchange Sees Profit Growth After Three Quarters

Revived IPO and trading activities boost HKEX's earnings despite ongoing market challenges.

  • HKEX's net profit rose 9% to HK$3.16 billion in Q2, driven by increased IPOs and trading volumes.
  • Revenue for the quarter increased by 7%, marking the most profitable period since March 2023.
  • New leadership under CEO Bonnie Chan and Chairman Carlson Tong coincides with financial uptick.
  • Eighteen firms went public in Q2, raising 80% more funds compared to the first quarter.
  • Despite a tough first half, HKEX remains cautiously optimistic about the year's outlook.
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