Hong Kong Stock Exchange's revenue and other income increase by 9% in 2024
2025-02-28
On the 27th, the Hong Kong Stock Exchange announced its full year results for 2024, which showed that the exchange's revenue and other income for 2024 were HKD 22.374 billion, a year-on-year increase of 9% and a historic high. According to statistical data, the net investment income of its funds was HKD 1.748 billion, an increase of 18% year-on-year. The profit attributable to shareholders was HKD 13.05 billion, an increase of 10% year-on-year. Chen Yiting, CEO of the Hong Kong Stock Exchange Group, stated that the Hong Kong Stock Exchange has made significant strategic progress in 2024, implementing multiple important measures to optimize the market microstructure and listing mechanism. Through these ongoing efforts, Hong Kong's position as a leading international financial center has been further consolidated. At the same time, the market atmosphere has rebounded since the third quarter of last year, driving up trading volume and prudent cost management. The Hong Kong Stock Exchange's annual revenue and profit for 2024 have reached a new high. Chen Yiting believes that the geopolitical and macroeconomic trends in 2025 may continue to affect the global market, but positive signals of economic recovery have emerged. The launch of multiple stimulus policies by the mainland and the successive interest rate cuts in major international markets will inject new vitality into Hong Kong's new stock market and secondary market. (New Society)
Edit:He Chuanning Responsible editor:Su Suiyue
Source:Xinhua
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