Friday, August 22, 2014   

HKEx sees 2pc rise in net profit
(05-08 13:09)

Hong Kong Exchanges & Clearing (0388) recorded a 2-percent increase in net profit to HK$1.18 billion for the first quarter. It was also up 15 percent from the fourth quarter last year.
Revenue grew 5 percent to HK$2.335 billion during the period.
However, average daily turnover for equities accounted to HK$55.1 billion, down 5 percent from a year ago.
Operating expense rose 10 percent to HK$734 million, mainly due to increasing staff cost and hiring for the London Metal Exchange.
The local bourse operator recorded 20 new listings in the quarter ended March -- doubling from a year back -- to raise HK$112.4 billion -- up 76 percent from 12 months ago, according to the statement filed to the exchange.   
Other Business breaking news:
UK state borrowing halves in July: official data (08-21 18:24)
HK price level rises faster in July (08-21 18:18)
Eurozone economy still in timid recovery: survey (08-21 18:06)
Hang Seng down on mainland data (08-21 16:31)
European stocks flat at open (08-21 15:26)
Nikkei ends on positive column (08-21 14:49)
China manufacturing sector grows slower in August: HSBC (08-21 13:41)
Hang Seng dips at midday (08-21 12:33)
Nikkei up by break (08-21 11:07)
Nikkei higher at open (08-21 10:21)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.