2022 Q3 Results Briefing

Nicolas Aguzin Chief Executive Officer, HKEX Group Vanessa Lau Group Chief Financial Officer, HKEX Group

19 October 2022

DisclaimerQ3 2021 Key Highlights

The information contained in this document is for general informational purposes only and does not constitute an offer, solicitation, invitation or recommendation to subscribe for or purchase any securities, or other products or to provide any investment advice or service of any kind. This document is solely intended for distribution to and use by professional investors. This document is not directed at, and is not intended for distribution to or use by, any person in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject Hong Kong Exchanges and Clearing Limited ("HKEX") to any registration requirement within such jurisdiction or country.

This document contains forward-looking statements which are based on the current expectations, estimates, projections, beliefs and assumptions of HKEX about the businesses and the markets in which it and its subsidiaries operate. These forward-looking statements are not guarantees of future performance and are subject to market risk, uncertainties and factors beyond the control of HKEX. Therefore, actual outcomes and returns may differ materially from the assumptions made and the statements contained in this document.

Where this presentation refers to Shanghai-Hong Kong Stock Connect and/or Shenzhen-Hong Kong Stock Connect and/or the inclusion of ETFs into Stock Connect (together, the "Stock Connect" programs), please note that currently, access to northbound trading is only available to intermediaries licensed or regulated in Hong Kong; southbound trading is only available to intermediaries licensed or regulated in Mainland China. Direct access to the Stock Connect is not available outside Hong Kong and Mainland China.

Where this document refers to Bond Connect, please note that currently, access to northbound trading is only available to foreign investors that are able to trade onshore bonds on the China Foreign Exchange Trade System & National Interbank Funding Centre.

Although the information contained in this document is obtained or compiled from sources believed to be reliable, HKEX does not guarantee the accuracy, validity, timeliness or completeness of the information or data for any particular purpose, and shall not accept any responsibility for, or be liable for, errors, omissions or other inaccuracies in the information or for the consequences thereof. The information set out in this document is provided on an "as is" and "as available" basis and may be amended or changed. It is not a substitute for professional advice which takes account of your specific circumstances and nothing in this document constitutes legal advice. HKEX shall not be responsible or liable for any loss or damage, directly or indirectly, arising from the use of or reliance upon any information provided in this document.

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Agenda

01 | YTD Q3 2022 Key Highlights

02 | HKEX Group Financial Review

03 | Business and Strategic Update

04 | Appendix

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YTD Q3 2022 key highlights

Financial Performance

HK$13.3bn

HK$1.7bn

HK$7.1bn

(-18%YoY)

(-18%YoY)

(-28%YoY)

Revenue and other income

Stock Connect revenue

Profit attributable to

and other income

shareholders

Business and Strategy

  • Resilient results, despite global market fragility and ongoing geopolitical tensions
  • Strategic delivery across range of initiatives including Connect franchise:
    • ETFs included in Stock Connect; Swap Connect announced (Jul 2022)
    • Enhancement to Stock Connect trading calendar announced (Aug 2022)
    • Bond Connect Northbound ADT reached record nine-month high
    • 3 new initiatives announced by CSRC (Sep 2022) offer significant potential: (1) International HK-listedcompany inclusion in Stock Connect; (2) RMB trading counters to be included in HK Stock Connect; and (3) China Treasury bond futures available in Hong Kong
  • Cash market softness reflecting global market sentiment, ADT down 31% YoY on record YTD Q3 2021
  • Q3 2022 momentum in IPO market, with fundraisings more than double 1H 2022. IPO pipeline remained strong with over 140 active applications as at 30 Sep 2022
  • HKFE Derivatives ADV reached record nine-month high of 672k contracts (+26% YoY)
  • Diversification delivering results - ETPs ADT +42% YoY; Technology revenue +6% YoY; Data revenue +4% YoY
  • Investment in talent, technology and operational excellence continues - positioning us strongly for the future

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HKEX Group Financial Review

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HKEx - Hong Kong Exchanges and Clearing Ltd. published this content on 19 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 October 2022 08:11:56 UTC.