Company Hong Kong Exchanges and Clearing Limited Hong Kong S.E.

Equities

80388

HK0000931664

Financial & Commodity Market Operators

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Hong Kong Exchanges and Clearing Limited

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Financial & Commodity Market Operators

HONG KONG EXCHANGES AND CLEARING LIMITED

Delayed Hong Kong S.E. Other stock markets 04:56:38 23/05/2024 BST			5-day change	1st Jan Change
260 ^CNY	-1.22%		-3.70%	+7.08%

05-20	Copper's record run at risk as US shipments calm speculator frenzy	RE
05-14	Nomura Adjusts Hong Kong Exchanges and Clearing’s Price Target to HK$330.58 From HK$324.31, Keeps at Buy	MT

Hong Kong Exchanges and Clearing Limited is one of the Asian largest Stock Exchange. Net sales break down by activity as follows:

- negotiation services (52%): execution and management of operations on derivatives and cash (shares, bonds, warrants, etc.);

- settlement and securities custody services (34.7%);

- data and market index issuance (5.3%);

- other (8%).

Net sales are distributed geographically as follows: Hong Kong (88.4%), China (0.4%) and the United Kingdom (11.2%).

Number of employees: 2,419

HKD in Million	2022	Weight	2023	Weight	Delta
Spot Goods 39.8 %	-	-	8,164	39.8 %	-
Equity Securities and Finance Derivatives 31.7 %	3,176	17.2 %	6,502	31.7 %	+104.72%
Merchandise 10.7 %	1,344	7.3 %	2,188	10.7 %	+62.80%
Data and Connections 10.1 %	-	-	2,073	10.1 %	-
Company Projects 7.7 %	-	-	1,589	7.7 %	-

HKD in Million	2022	Weight	2023	Weight	Delta
Hong Kong 86.2 %	14,941	88.2 %	13,320	86.2 %	-10.85%
United Kingdom 13.2 %	1,892	11.2 %	2,033	13.2 %	+7.45%
China 0.6 %	101	0.6 %	92	0.6 %	-8.91%

Managers	Title	Age	Since
Yiting Chan CEO	Chief Executive Officer	55	31/12/19
Adam Singer CMP	Compliance Officer	-	31/08/21
Ka Yan Yiu COO	Chief Operating Officer	55	07/04/19
Chung Kwong Leung CTO	Chief Tech/Sci/R&D Officer	61	30/09/11
Chris Roberts PRN	Corporate Officer/Principal	-	10/09/23
Andrew Loong PRN	Corporate Officer/Principal	-	31/07/23
Kerry Rooks HRO	Human Resources Officer	-	09/01/22
Richard Wise PRN	Corporate Officer/Principal	-	-
Koon Ying Chow LAW	General Counsel	-	31/03/21
Timothy Tsang SEC	Corporate Secretary	-	12-31

Members of the board	Title	Age	Since
Mo Fong Chow Woo BRD	Director/Board Member	70	06/05/20
Cheng Hye Cheah BRD	Director/Board Member	71	25/04/17
Apurv Bagri BRD	Director/Board Member	65	27/04/16
Wing Yu Leung BRD	Director/Board Member	53	27/04/21
Chi-Kwong Yam BRD	Director/Board Member	75	25/04/23
Nicholas Allen BRD	Director/Board Member	69	27/04/21
Carlson Tong CHM	Chairman	69	25/04/23
Pak Hon Leung BRD	Director/Board Member	56	25/04/17
Anna Cheung BRD	Director/Board Member	56	27/04/21
Yiting Chan CEO	Chief Executive Officer	55	31/12/19

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	1,267,836,895	1,192,469,179 ( 94.06 %)	0	94.06 %

Name	Equities	%	Valuation
Government of Hong Kong Special Administrative Region 5.903 %	74,840,961	5.903 %	2 408 M ¥
JPMorgan Investment Management, Inc. 1.152 %	14,601,369	1.152 %	470 M ¥
JPMorgan Asset Management (Asia Pacific) Ltd. 0.6282 %	7,964,779	0.6282 %	256 M ¥
UBS Asset Management (Hong Kong) Ltd. 0.3657 %	4,637,089	0.3657 %	149 M ¥
State Street Global Advisors Ltd. 0.2214 %	2,806,419	0.2214 %	90 M ¥
JPMorgan Asset Management (UK) Ltd. 0.2012 %	2,551,501	0.2012 %	82 M ¥
China Asset Management Co., Ltd. 0.1866 %	2,366,019	0.1866 %	76 M ¥
Orient Securities Asset Management Co. Ltd. 0.1775 %	2,250,300	0.1775 %	72 M ¥
Sumitomo Mitsui Asset Management Co., Ltd. 0.1655 %	2,097,720	0.1655 %	67 M ¥
China Asset Management (Hong Kong) Ltd. 0.1634 %	2,071,761	0.1634 %	67 M ¥

Name	Equities	%	Valuation
RhumbLine Advisers LP 0.002241 %	28,418	0.002241 %	895 906 ¥
HANCOCK WHITNEY CORPORATION 0.001510 %	19,141	0.001510 %	603 439 ¥
RAM Active Investments SA 0.000171 %	2,172	0.000171 %	68 474 ¥
GAMMA Investing LLC 0.000162 %	2,055	0.000162 %	64 786 ¥
PNC Investments LLC 0.000039 %	498	0.000039 %	15 700 ¥
Front Row Advisors LLC 0.000007 %	83	0.000007 %	2 617 ¥
Wetzel Investment Advisors, Inc. 0.000004 %	46	0.000004 %	1 450 ¥
Salomon & Ludwin LLC 0.000000 %	3	0.000000 %	95 ¥

Name	Equities	%	Valuation
SHANXI XINGHUACUN FEN WINE FACTORY CO.,LTD. 2.12%	25,811,621	2.12%	934,978,477 $
SHANDONG NANSHAN ALUMINIUM CO.,LTD. 4.94%	590,871,980	4.94%	292,109,381 $
HANGJIN TECHNOLOGY CO., LTD. 3.84%	26,024,909	3.84%	100,448,341 $
CHINA BAOAN GROUP CO., LTD. 1.98%	50,556,997	1.98%	73,446,172 $
SHENZHEN SALUBRIS PHARMACEUTICALS CO., LTD. 1.49%	16,579,637	1.49%	73,081,879 $
XINJIANG DAQO NEW ENERGY CO.,LTD. 3.94%	20,493,000	3.94%	69,163,670 $
LIZHONG SITONG LIGHT ALLOYS GROUP CO., LTD. 4.20%	22,199,920	4.20%	60,485,236 $
SHANGHAI LUJIAZUI FINANCE & TRADE ZONE DEVELOPMENT CO.,LTD. 0.59%	17,346,608	0.59%	21,678,750 $
GUANGDONG XINBAO ELECTRICAL APPLIANCES HOLDINGS CO., LTD 1.15%	9,424,863	1.15%	21,631,003 $

Hong Kong Exchanges & Clearing Ltd.

Two Exchange Square 8 Connaught Place, Central

, Hong Kong

+852 2522 1122

http://www.hkex.com.hk

address Hong Kong Exchanges and Clearing Limited(80388)

Name	Category and Sector
OTC Clearing Hong Kong Ltd. OTC Clearing Hong Kong Ltd. Regional BanksFinance Part of Hong Kong Exchanges & Clearing Ltd., OTC Clearing Hong Kong Ltd. is a company that provides clearinghouse services for over the counter derivatives. The company is based in Hong Kong, Hong Kong. The CEO of the Chinese company is Chi Kin Tai.	Regional Banks
LME Clear Ltd. LME Clear Ltd. Investment ManagersFinance Part of Hong Kong Exchanges & Clearing Ltd., LME Clear Ltd. provides financial administration services. The company is based in London, UK. Adrian John Winston Farnham has been the CEO of the British company since 2016.	Investment Managers
The SEHK Options Clearing House Ltd. The SEHK Options Clearing House Ltd. Investment Banks/BrokersFinance Founded in 1995, The SEHK Options Clearing House Ltd. is a subsidiary of Hong Kong Exchanges & Clearing Ltd. that provides futures and options clearing and settlement services. The company is based in Hong Kong, Hong Kong.	Investment Banks/Brokers
The London Metal Exchange Ltd. The London Metal Exchange Ltd. Investment Banks/BrokersFinance The London Metal Exchange Ltd. provides facilities, along with the management and regulatory structure, for trading. Its products include trading and metals which includes ferrous metals such as ferrous liquidity provider programme, ferrous resources, fees and incentive programmes, steel rebar, steel scrap and steel billet, and non-ferrous metals such as aluminium premiums, aluminium alloy, copper, lead, nickel, tin and zinc, and minor and precious metals. The company was founded in 1877 and is headquartered in London, the United Kingdom.	Investment Banks/Brokers
Hong Kong Securities Clearing Co., Ltd. Hong Kong Securities Clearing Co., Ltd. Miscellaneous Commercial ServicesCommercial Services Hong Kong Securities Clearing Co., Ltd. provides securities clearing services. It offers integrated clearing, settlement, and depository and nominee activities to their participants. The company is headquartered in Hong Kong.	Miscellaneous Commercial Services
HKFE Clearing Corp., Ltd. HKFE Clearing Corp., Ltd. Investment Banks/BrokersFinance Founded in 1984, HKFE Clearing Corp., Ltd. is a subsidiary of Hong Kong Exchanges & Clearing Ltd. The company operates as a stock exchange clearing house and is based in Hong Kong, Hong Kong.	Investment Banks/Brokers

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

283.8 HKD

Average target price

294.9 HKD

Spread / Average Target

+3.92%

Consensus

Estimates Revisions

Company calendar

Financials

Banking & Investment Services

Investment Banking & Investment Services

Financial & Commodity Market Operators

Other Financial & Commodity Market Operators

	1st Jan change	Capi.
INTERCONTINENTAL EXCHANGE, INC.	+6.59%	78.74B
LONDON STOCK EXCHANGE PLC	+0.17%	63B
NASDAQ, INC.	+7.41%	36B
B3 S.A. - BRASIL, BOLSA, BALCÃO	-23.99%	12.22B
EURONEXT N.V.	+11.38%	9.91B
MARKETAXESS HOLDINGS INC.	-25.08%	8.24B
SINGAPORE EXCHANGE LIMITED	-3.76%	7.5B
TMX GROUP LIMITED	+15.48%	7.47B
INVERFAL PERÚ S.A.A.	-1.37%	5.66B

Other Financial & Commodity Market Operators