15-08-2013, 05:04 PM
(This post was last modified: 23-10-2013, 02:44 PM by CityFarmer.)
I started a new thread on HKEx...
HKEx Q2 profit climbs 9% on improved volumes, IPOs
HONG KONG –Hong Kong Exchanges and Clearing, the world’s second-largest exchange by market value, posted a 9.3 per cent increase in second-quarter net profit, driven by higher trading volumes and a pick-up in initial public offerings.
Net profit rose to HK$1.17 billion (S$191.6 million) in April-June from HK$1.07 billion a year earlier, HKEx said on Thursday.
The exchange, led by former JP Morgan China Chairman Charles Li, has this year reversed a trend of declining trading volumes.
In the first six months of the year it reported average daily turnover up 20 per cent from a year earlier. Trading demand has been boosted by an increase in new issuance as funds raised from initial public offerings rose 29 per cent thanks mainly to two big deals, Sinopec Engineering and China Galaxy Securities.
http://www.todayonline.com/business/hkex...lumes-ipos
HKEx Q2 profit climbs 9% on improved volumes, IPOs
HONG KONG –Hong Kong Exchanges and Clearing, the world’s second-largest exchange by market value, posted a 9.3 per cent increase in second-quarter net profit, driven by higher trading volumes and a pick-up in initial public offerings.
Net profit rose to HK$1.17 billion (S$191.6 million) in April-June from HK$1.07 billion a year earlier, HKEx said on Thursday.
The exchange, led by former JP Morgan China Chairman Charles Li, has this year reversed a trend of declining trading volumes.
In the first six months of the year it reported average daily turnover up 20 per cent from a year earlier. Trading demand has been boosted by an increase in new issuance as funds raised from initial public offerings rose 29 per cent thanks mainly to two big deals, Sinopec Engineering and China Galaxy Securities.
http://www.todayonline.com/business/hkex...lumes-ipos
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡