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Home » Hong Kong exchange posts 31% rise in H1 profit despite IPO malaise

Hong Kong exchange posts 31% rise in H1 profit despite IPO malaise

    Hong Kong's stock exchange operator reported a "strong" first-half net profit of HK$6.31 billion ($807 million) on Wednesday, up 31 percent on the same period last year despite IPO activity being impacted by "global market fragility"."In the first half of 2023, Hong Kong Cash Market trading volume and IPO activity continued to be impacted by global market fragility," HKEX said in its announcement.

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