Morningstar - Hong Kong Exchanges Clearing Ltd. (00388) Solid First-Half Result for HKEx, but Weaker Second Half Expected as Investor Sentiments Wane

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Morningstar

Michael Wu

EUR 100.00 For Business Accounts Only

Solid First-Half Result for HKEx, but Weaker Second Half Expected as Investor Sentiments Wane

Wide-moat Hong Kong Exchange and Clearing posted a strong second-quarter result that was largely in line with the first quarter. The result was much stronger than the year-ago period, as second-quarter fiscal 2017 saw subdued equity trading volume. Equity markets were weaker in second-quarter fiscal 2018 against the first quarter as rhetoric between the United States and China resulted in the implementation of tariffs and lower investor sentiments. The latter resulted in average daily equity tur...

08/08/2018 13 EN

Underlying

Hong Kong Exchanges & Clearing Ltd.

Hong Kong Exchanges and Clearing is an exchange controller under the Securities and Futures Ordinance. Co. operates recognised stock and futures markets in Hong Kong. Co. also operates Hong Kong Securities Clearing Company Limited (HKSCC), HKFE Clearing Corporation Limited (HKCC), The SEHK Options Clearing House Limited (SEOCH) and OTC Clearing Hong Kong Limited (OTC Clear). HKSCC, HKCC and SEOCH provide clearing and settlement services, while OTC Clear provides OTC interest rate derivatives and non-deliverable forwards clearing and settlement services. Co.'s operating segment include: cash, equity & financial derivatives, commodities, clearing, and platform & infrastructure.

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HK0388045442 Hong Kong Stock Exchange Hong Kong

Provider

Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

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Analysts

Michael Wu

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Solid First-Half Result for HKEx, but Weaker Second Half Expected as Investor Sentiments Wane

Hong Kong Exchanges and Clearing (388 HK): 2Q25: Record-high bottom line; strong ADT momentum continues in 2H25.

Greater China Daily: Thursday, August 21, 2025

Regional Morning Meeting Notes: Thursday, August 21, 2025

Business as Usual for No-Moat Lonza; Specialty Ingredients Carve-Out on Track for 2020

Astra Posts Solid 2Q, Driven by Strong Cancer Drug Sales and Moving Away From One-Time Divestments

Astra Posts Solid 2Q, Driven by Strong Cancer Drug Sales and Moving Away From One-Time Divestments

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