Hong Kong Exchanges & Clearing ( (HK:0388) ) just unveiled an update.
HKEX has announced the acquisition of new premises for its permanent headquarters, involving a transaction of HK$6.3 billion. The purchase includes significant office space in Exchange Square, a prime location in Hong Kong’s central business district. This strategic move is expected to enhance HKEX’s operational capacity and reinforce its position as a leading financial hub. Additionally, a project management agreement has been established for enhancement works at the premises, with Hongkong Land contributing up to HK$400 million towards these improvements.
More about Hong Kong Exchanges & Clearing
Hong Kong Exchanges and Clearing Limited (HKEX) operates in the financial services industry, primarily focusing on the management and operation of stock and futures exchanges in Hong Kong. It plays a crucial role in the global financial market by facilitating trading, clearing, and settlement services.
YTD Price Performance: 20.93%
Average Trading Volume: 13,228
Technical Sentiment Signal: Strong Sell
Current Market Cap: $54.57B
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