港交所

Hong Kong exchange posts record profits on Chinese listings boom

Results show scale of city’s comeback as hub for initial public offerings and trading

Hong Kong’s stock exchange operator has posted a second consecutive year of record profits after the city became one of the top listing destinations worldwide.

Net profit rose 36 per cent to HK$17.8bn (US$2.3bn) in 2025, the company said on Thursday. Core business revenues, which include fees from trading and clearing, rose 32 per cent to HK$27.1bn.

The results show the scale of Hong Kong’s comeback as a hub for initial public offerings and trading following a slump in 2023.

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