Hong Kong exchange posts record profit as equity turnover doubles, listings rebound
The Straits Times
The exchange said it saw a robust listing pipeline, with more than 400 active applications. Read more at straitstimes.com.
HONG KONG – Hong Kong Exchanges and Clearing (HKEX), the city’s bourse operator, posted record full-year profit on Feb 26 as global investors turned to Chinese assets amid global economic uncertainty.
The exchange said net profit rose 36 per cent to HK$17.7 billion (S$2.9 billion) in 2025 from HK$13.1 billion in 2024, in line with estimates from 11 analysts compiled by LSEG.
The result underscores Hong Kong’s advantage over other listing venues as a preferred venue for Chinese companies to raise capital offshore, even at a time of rising tensions between Washington and Beijing.
The exchange said it saw a robust listing pipeline, with more than 400 active applications.
Trading activity shot up 93 per cent in 2025 from a year earlier. Trading volume under the southbound Stock Connect scheme surged 151 per cent in 2025 as mainland investors increased allocations to Hong Kong-listed shares.
HKEX chief executive Bonnie Chan said she expects volatility to persist amid the prevailing macro landscape in 2026.
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