Friday, January 30, 2015   

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:
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German retail sales grow for fifth year in row: data (2 hrs 58 mins ago)
Spanish economy grows by 1.4 percent in 2014: stats office (01-30 17:19)
Taiwan's economy slows in fourth quarter 2014 (01-30 17:03)
European stocks rise at open (01-30 17:02)
Hang Seng ends lower (01-30 16:16)
Honda cuts full-year profit forecast (01-30 15:14)
Japan's biggest airlines project smooth annual earnings (01-30 15:13)
Nikkei finishes higher (01-30 15:01)
Japan unemployment rate down in December (01-30 12:23)

More breaking news >>

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