Hong Kong Exchanges and Clearing Limited (HKEx)
Contents
Exploring Hong Kong Exchanges and Clearing Limited (HKEx): A Comprehensive Guide
Unraveling Hong Kong Exchanges and Clearing Limited (HKEx)
Hong Kong Exchanges and Clearing Limited (HKEx) stands as a prominent publicly-traded holding company, housing some of the largest market operators globally. Established in 2000 through the amalgamation of various market entities, HKEx has evolved into a pivotal institution in the financial world.
The Diverse Functions of HKEx
As a multifaceted entity, HKEx facilitates capital raising for issuers across Hong Kong, China, and beyond. Its array of services spans listing, trading, clearing, market data provision, and regulatory oversight. With a robust corporate structure, HKEx oversees the operations of four clearing houses, ensuring a well-organized and regulated marketplace.
Navigating the Listing Process on HKEx
For companies aspiring to trade on HKEx's main board, stringent criteria must be met. These encompass profitability thresholds, market capitalization benchmarks, and cash flow requisites. Additionally, stringent reporting and shareholder requirements underscore HKEx's commitment to maintaining transparency and accountability.
Delving into HKEx's Market Influence
With a staggering market capitalization of $43.3 trillion as of October 2020 and a listing roster boasting 2,524 companies, HKEx exerts significant influence on the global financial landscape. Its strategic positioning across the Stock Exchange of Hong Kong, the Hong Kong Futures Exchange, and the London Metal Exchange reinforces its role as a key player in international finance.