Hong Kong Exchanges & Clearing ( (HKXCF) ) has released its Q4 earnings. Here is a breakdown of the information Hong Kong Exchanges & Clearing presented to its investors.
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Hong Kong Exchanges and Clearing Limited (HKEX) is a leading financial services company that operates the stock and futures markets in Hong Kong, providing a platform for trading equities, commodities, and derivatives. In 2024, HKEX achieved record revenue and profit, driven by strategic initiatives and increased trading volumes across its markets. Key financial highlights include a 9% increase in revenue to $22.4 billion and a 10% rise in profit attributable to shareholders, reaching $13.1 billion. The company also reported significant growth in trading activity, with new records in its Cash, Derivatives, and Stock Connect markets. Looking forward, HKEX remains committed to enhancing market competitiveness and sustainability, while navigating geopolitical and economic uncertainties.