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Hong Kong Exchanges and Clearing Limited (HKXCF)
| Previous close | 38.15 |
| Open | 38.39 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 38.39 - 38.45 |
| 52-week range | 26.75 - 42.51 |
| Volume | |
| Avg. volume | 15,640 |
| Market cap | 48.746B |
| Beta (5Y monthly) | 0.86 |
| PE ratio (TTM) | 33.43 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 1.00 (2.62%) |
| Ex-dividend date | 13 Mar 2024 |
| 1y target est | N/A |
- Reuters SG
Trafigura delivers large amounts of aluminium to LME for lucrative rent deals, sources say
Commodity trader Trafigura delivered more than 400,000 metric tons of aluminium to London Metal Exchange (LME) warehouses for lucrative financial deals, three sources familiar with the matter told Reuters, explaining a hefty jump in stocks. The so-called rent deals allow LME-approved warehouses to share fees with companies that deliver metal to them. Companies that deliver aluminium for rent deals do not have to retain ownership of the metal, but can get a share of the rent, paid by the new owners, for as long as the metal stays in that warehouse.
- Reuters
Hong Kong to launch weekly options for stocks including HSBC, Alibaba
Hong Kong's bourse operator said on Wednesday it plans to launch by the end of the year weekly options for 10 locally listed stocks, including HSBC Holdings and Alibaba Group Holding, in a bid to offer investors additional risk-management tools. Options are derivatives that offer the right to buy or sell particular securities, and can be used by investors to manage risks or execute trading strategies. The 10 stocks also include the Hong Kong Exchanges and Clearing Ltd (HKEX), Tencent Holdings, JD.com, Baidu and BYD Co, HKEX said in a statement on its website.
- Reuters
Hong Kong bourse operator's Q1 profit drops on weaker listings, trading
HONG KONG (Reuters) -Hong Kong's bourse operator reported a 13% drop in first-quarter profit on Wednesday, as sluggish trading and muted listing activities weighed on its businesses. The profit attributable to shareholders of Hong Kong Exchanges and Clearing Ltd (HKEX) fell to HK$2.97 billion ($379 million), but was slightly above analysts' forecasts of HK$2.82 billion compiled by LSEG. The drop in profit highlights the challenges ahead for HKEX which has suffered since late 2020 from Beijing's crackdown on a broad range of industries and is struggling to revive listings and trading amid geopolitical tensions and economic volatility.
