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Hong Kong Exchanges and Clearing Ltd (0388.HK)

0388.HK on Hong Kong Stock

191.60HKD
28 Apr 2017
Change (% chg)

HK$-0.46 (-0.24%)
Prev Close
HK$192.06
Open
HK$192.70
Day's High
HK$192.80
Day's Low
HK$191.20
Volume
1,664,245
Avg. Vol
3,810,344
52-wk High
HK$213.20
52-wk Low
HK$175.00

Latest Key Developments (Source: Significant Developments)

BRIEF-HKEx appoints Matthew James Chamberlain as LME chief executive
Friday, 21 Apr 2017 09:04am EDT 

April 21 (Reuters) - Hong Kong Exchanges And Clearing Ltd <0388.HK>:Matthew James Chamberlain was appointed interim chief executive of LME in Jan, 2017.LME's board of directors, based on committee's recommendation, approved today appointment of Chamberlain as LME's chief executive.Appointment of Chamberlain will take effect upon receiving no objection confirmation from LME's regulator.Garry Jones retired as chief executive of LME in Jan 2017.  Full Article

HKEx appoints Matthew James Chamberlain as LME chief executive
Friday, 21 Apr 2017 08:25am EDT 

April 21 (Reuters) - Hong Kong Exchanges And Clearing Ltd <0388.HK>:Matthew James Chamberlain was appointed interim chief executive of LME in Jan, 2017.LME's board of directors, based on committee's recommendation, approved today appointment of Chamberlain as LME's chief executive.Appointment of Chamberlain will take effect upon receiving no objection confirmation from LME's regulator.Garry Jones retired as chief executive of LME in Jan 2017.  Full Article

HKEX says unclaimed final dividend for 2010 to be forfeited and reverted
Thursday, 13 Apr 2017 04:51am EDT 

Hong Kong Exchanges And Clearing Ltd <0388.HK>:Unclaimed final dividend for 2010 will be forfeited and will revert to HKEX on 27 May 2017.  Full Article

Hong Kong Exchanges and Clearing updates on changes in directorate
Friday, 10 Mar 2017 03:43am EST 

Hong Kong Exchanges and Clearing Ltd: Welcomes government's appointment of Stephen Yiu, re-appointment of Anita Fung, Rafael Gil-Tienda, Margaret Leung as members of HKEX's board .Yiu is appointed to succeed John Harrison who will retire from Board after conclusion of 2017 AGM.  Full Article

Hong Kong Exchanges and Clearing FY profit attributable drops 27 pct
Sunday, 26 Feb 2017 11:25pm EST 

Hong Kong Exchanges And Clearing Ltd <0388.HK>: FY profit attributable HK$5.77 billion versus HK$7.96 billion . FY revenue and other income HK$11.12 billion versus HK$13.38 billion . Board recommends a final dividend of $2.04 per share, resulting in full-year dividend of $4.25 per share . FY average daily number of derivatives contracts traded on the futures exchange 463,841, up 18 percent . FY average daily volume of metals contracts traded on LME (lots) 618,627 versus 670,189 . "Will continue to broaden our connectivity scheme to cover other asset classes in order to capture opportunities arising from RMB's internationalisation" . "Looking ahead into rest of 2017, operating environment for financial markets is expected to remain challenging" . "Now preparing for launch of our qianhai commodities trading platform" . "Capital markets in 2017 are likely to be volatile" ."LME decided to introduce caps on warehouse charges, effective 1 April 2017".  Full Article

Hong Kong Exchanges & Clearing Ltd announces agreement to establish Shenzhen-Hong Kong stock connect
Tuesday, 11 Oct 2016 04:30am EDT 

Hong Kong Exchanges And Clearing Ltd <0388.HK>: Says agreement to establish shenzhen-hong kong stock connect . units of hkex, entered into agreement with shenzhen stock exchange and china securities depository and clearing corporation .trading & clearing fees arising from shenzhen-hk stock connect will be shared equally between szse & sehk & between chinaclear & hkscc.  Full Article

Hong Kong Exchanges and Clearing Ltd comments on Shenzen-Hong Kong stock connect<0388.HK>
Tuesday, 16 Aug 2016 08:32am EDT 

Hong Kong Exchanges and Clearing Ltd <0388.HK>: Shenzhen-Hong Kong stock connect and Shanghai-Hong Kong stock connect <0388.HK> . Believe Shenzhen-Hong Kong stock connect will further strengthen the interconnectivity between the mainland China and Hong Kong Capital markets . There is no reason for HKEX to believe that Shenzhen-Hong Kong stock connect will not be implemented . Expects it should take about four months to complete technical and operational preparations for launch of Shenzhen-Hong Kong stock connect .  Full Article

HKEX posts 27 pct drop in half-year net profit<0388.HK>
Wednesday, 10 Aug 2016 12:20am EDT 

Hong Kong Exchanges and Clearing Ltd <0388.HK>: HY net profit HK$2.985 billion versus HK$ 4.10 billion year . HY average daily trading of equity products on the stock exchange HK$48.3 billion versus HK$96.9 billion last year . HY revenue and other income HK$5.63 billion versus HK$6.85 billion . Interim dividend per share HK$2.21 . HY average daily number of metals contracts traded on LME 635,111 lots versus 695,588 lots last year . HY average daily number of derivatives contracts traded on futures exchange 488,566 versus 365,449 last year . On UK vote to exit the EU (Brexit), despite expected volatility on 24 June 2016, there was no disruption of the LME market . Says Brexit has no immediate implications for the LME's business . With regards to EU markets in financial instruments directives II, LME intends to be fully compliant by the January 2018 deadline . In preparation for anticipated Shenzhen-Hong Kong stock connect, HKSCC completed development and testing of the required systems . In preparation for anticipated Shenzhen-Hong Kong stock connect, HKSCC technically ready to support the rollout, subject to regulatory approval . LME will continue to monitor changes to regulatory infrastructure in the UK and potential longer term market impact . Will remain cautious and is committed to robust and prudent risk management for the maintenance of orderly markets in Hong Kong and London.  Full Article

Stock Exchange Of Hong Kong says China Forestry will have final six months to provide a viable resumption proposal<0388.HK><0930.HK>
Wednesday, 3 Aug 2016 04:33am EDT 

Stock Exchange Of Hong Kong: China Forestry will have final six months to provide a viable resumption proposal to demonstrate sufficient operations or assets .China Forestry will have final six months to have winding up order against company withdrawn or dismissed and the joint official liquidators discharged.  Full Article

Hong Kong Exchanges and Clearing appoints Lee Kwok Keung, Roger as chief executive<0388.HK>
Wednesday, 15 Jun 2016 04:41am EDT 

Hong Kong Exchanges and Clearing Ltd <0388.HK>: Change in the holding of an executive office .Lee Kwok Keung, Roger, Hkex's head of markets, is appointed to replace Romnesh Lamba as the chief executive.  Full Article

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