Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › HKEX profit jumps to record high on surging IPOs and...
Business & Finance

HKEX profit jumps to record high on surging IPOs and turnover, beating market estimates

HKEX profit jumps to record high on surging IPOs and turnover, beating market estimates
South China Morning Post Wednesday 19 August 2026, 04:13 UTC By Enoch Yiu 1 min read
Key Points

Hong Kong Exchanges and Clearing (HKEX) profit jumped to a record amid a boom in initial public offerings (IPOs) and sizzling stock market turnover in the second quarter, according to a stock exchange filing on Wednesday. Quarterly net profit for the operator of Asia’s third-largest stock market soared 21 per cent year on year to HK$5.38 billion (US$683.4 million), or HK$4.26 per share, higher than analysts’ estimate of HK$4.96 billion. It was the second consecutive quarter of record profit...

Hong Kong Exchanges and Clearing (HKEX) profit jumped to a record amid a boom in initial public offerings (IPOs) and sizzling stock market turnover in the second quarter, according to a stock exchange filing on Wednesday. Quarterly net profit for the operator of Asia’s third-largest stock market soared 21 per cent year on year to HK$5.38 billion (US$683.4 million), or HK$4.26 per share, higher than analysts’ estimate of HK$4.96 billion. It was the second consecutive quarter of record profit for...
Hong Kong Exchanges (LOCATION) Asia (LOCATION)
Originally published by South China Morning Post Read original →

Related Stories

Minimum wage comments are 'madness', says business

Businesses, charities and politicans have reacted to criticism of the minimum wage by a minister.

BBC Business 3m ago

Shipyard cranes to be overhauled ahead of major contract

It is part of an investment of almost £100m as the Belfast yard's Spanish owners prepare it for a major defence contract.

BBC Northern Ireland 6m ago

Carry Traders Pivot to Swiss Franc After Yen Volatility Spikes

Carry traders are increasingly turning to the Swiss franc in the near term for their source of funding as the threat of intervention and higher interest rates saps the appeal of borrowing in the yen.

Bloomberg Markets 12m ago

UK relies on heat-stressed countries for fruit and veg it could grow itself – report

Food Foundation sounds alarm over supply risks and price shocks as about 40% of Britain’s food is importedThe UK is vulnerable to food price shocks because of its dependence on imports of fruit and vegetable from countries even more exposed to the climate crisis, researchers say. Much of Britain has sweltered under a record five heatwaves this year and endured drought and wildfires, with the hot, dry conditions damaging crops and reducing yields of domestic produce.

The Guardian Business 16m ago