Hong Kong Exchanges and Clearing Up (HKEX) reported its best-ever half-year results for the first six months of 2025, buoyed by strong trading volumes and a rebirth in the city’s listings market.
Earnings and various other earnings increased 33 per cent year-on-year to HK$ 14 08 billion, while earnings attributable to shareholders climbed up 39 per cent to HK$ 8 52 billion.
The exchange operator claimed core service income expanded 34 per cent, sustained by record quantities in the cash equities and stock options markets, together with greater depository fees and increased net financial investment earnings.
Net investment income from business funds climbed to HK$ 1 04 billion, compared with HK$ 901 million a year previously, increased by an exchange gain from a more powerful U.S. buck versus the Hong Kong buck.
Operating expenses raised 6 percent, showing a HK$ 90 million fine imposed by the UK Financial Conduct Authority linked to the 2022 nickel market events. Excluding one-off things, expenses rose 1 percent.
Chief executive Bonnie Y Chan claimed: “HKEX began 2025 from a position of toughness, reporting the Team’s best-ever half-yearly earnings and profit. Volumes in the Cash Market, Derivatives Market and Supply Link all got to document half-yearly highs and we restored our position as the globe’s No. 1 IPO venue by funds elevated.”
Chan added that HKEX is pressing ahead with initiatives to reinforce its markets in the 2nd half, including a shorter negotiation cycle, broadened paperless listing program, and updated IPO price discovery requirements.