Hong Kong’s stock exchange operator made record profits in 2024 as a stock market rally and listings revival helped put an end to a two-year slump for the financial hub.
Hong Kong Exchanges and Clearing reported full-year profits of HK$13.1bn (US$1.7bn) on Thursday, topping the previous record of HK$12.5bn set in 2021 amid a pandemic-era trading boom.
Fourth-quarter profits rose 46 per cent year on year to HK$3.8bn. Revenues increased by a third to HK$6bn.
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