(Feb 26): Hong Kong’s stock exchange posted a 15% gain in net income as a flood Chinese firms sought to sell shares and trading jumped.
Hong Kong Exchanges & Clearing Ltd delivered net income of HK$4.34 billion (US$555 million or $700 million) during the three months ending December, according to a statement on Thursday.
The exchange has been hitting record earnings as initial public offerings and equities trading revived, fueled by artificial intelligence boom and a renewed interest in investing in China. The city saw 119 listings raising a total of US$36.7 billion, reclaiming the global top spot after some tepid years.
“In 2025, HKEX reinforced its role as a global superconnector, regained its position as the world’s leading venue for IPOs and set new trading as well as financial performance records,” chief executive officer Bonnie Chan said in a statement.
Core revenue rose 11% in the quarter, while equity trading jumped 22%.
See also: Hong Kong suddenly flush with cash as budget returns to surplus
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