0388.HK - Hong Kong Exchanges and Clearing Limited

Find the latest Hong Kong Exchanges and Clearing Limited (0388.HK) stock quote, history, news and other vital information to help you with your stock ... HomeMailNewsFinanceSportsEntertainmentSearchMobileMore...YahooFinanceSearchSkiptoNavigationSkiptoMainContentSkiptoRelatedContentSigninMailSignintoviewyourmailFinanceHomeWatchlistsMyPortfolioScreenersYahooFinancePlusMarketsNewsPersonalFinanceCryptocurrenciesVideosIndustriesTechContactUsWeareexperiencingsometemporaryissues.Themarketdataonthispagearecurrentlydelayed.Pleasebearwithusasweaddressthisandrestoreyourpersonalizedlists.U.S.marketsopenin3hours52minutesS&PFutures4,565.25-10.50(-0.23%)DowFutures34,565.00-57.00(-0.16%)NasdaqFutures15,941.50-47.00(-0.29%)Russell2000Futures2,198.10-7.10(-0.32%)CrudeOil68.13+1.63(+2.45%)Gold1,771.70+9.00(+0.51%)HongKongExchangesandClearingLimited(0388.HK)HKSE-HKSEDelayedPrice.CurrencyinHKDAddtowatchlist450.800+18.800(+4.35%)Atclose:04:08PMHKT Advertisement SummaryChartConversationsStatisticsHistoricalDataProfileFinancialsAnalysisOptionsHoldersSustainability1d5d1m6mYTD1y5yMaxFullscreenGainactionableinsightfromtechnicalanalysisonfinancialinstruments,tohelpoptimizeyourtradingstrategiesChartEventsNeutralpatterndetectedViewallchartpatternsPerformanceOutlookShortTerm2W-6WMidTerm6W-9MLongTerm9M+PreviousClose432.000Open430.000Bid450.600x0Ask450.800x0Day'sRange428.000-454.20052WeekRange379.400-587.000Volume7,261,881Avg.Volume3,263,509MarketCap571.542BBeta(5YMonthly)0.83PERatio(TTM)60.19EPS(TTM)7.490EarningsDateFeb22,2022-Feb28,2022ForwardDividend&Yield9.38(2.16%)Ex-DividendDateAug24,20211yTargetEst543.03FairValueistheappropriatepriceforthesharesofacompany,basedonitsearningsandgrowthratealsointerpretedaswhenP/ERatio=GrowthRate.Estimatedreturnrepresentstheprojectedannualreturnyoumightexpectafterpurchasingsharesinthecompanyandholdingthemoverthedefaulttimehorizonof5years,basedontheEPSgrowthratethatwehaveprojected.FairValueXX.XXN/ASubscribetoYahooFinancePlustoviewFairValuefor0388.HKLearnmoreViewdetailsResearchthatdeliversanindependentperspective,consistentmethodologyandactionableinsightRelatedResearchViewmoreAllNewsPressReleasesSouthChinaMorningPostHere'showHongKong'sdeepcapitalpoolandaccesstoChinaputscityingoodsteadtobethegreenfinanceregionalhubThefinalinstalmentofafour-partseriesontheUnitedNationsClimateChangeConference(COP26)inGlasgowlooksathowHongKongcanplayaroleinreversingglobalwarming.Thefirstthreeinstalmentsarehere,hereandhere.HongKong'strackrecordasamatureinternationalfinancialcentreputsthecityingoodsteadtobecomearegionalhubforclimatefinanceandthetradingofcarboncredits,butsuccesswillrequirehardworkonsettingastandardfordisclosuresandriskmanagement,BloombergChinatoImposeSecurityCheckonHKIPOsUnderBigDataRules(Bloomberg)--ChinawillrequiretechnologycompaniesseekingalistinginHongKongtoundergoacybersecurityreviewaspartofsweepingnewrulesaimedattighteningcontrolofinformationamassedbyprivatefirms.MostReadfromBloombergStartupFeverIsGrippingtheWorld’sLastBigUntappedNationHongKong'sNewMuseumTriestoPleaseArtWorld—andBeijingElizabethHolmesFacesLast-DitchChancetoTestifyatTrialChronicallyUnderfundedHBCUsEyeScholarshipsinBidenBillADenserCity,SouthChinaMorningPostHKEXplanstoofferderivativestradinginsomeproductsonpublicholidaysPublicholidayswillnolongerbeconsideredsacrosanctforsomebrokersinHongKongunderanewproposalfromtheoperatorofthecity'sstockexchange.HongKongExchangesandClearing(HKEX)hasissuedanewconsultationpaperonitsplantoofferfuturesandoptionstradingofnon-HongKongdollar-denominatedproductsonpublicholidaysinthecity,aswellasextendedtradingoftheseproductsfromahalfdaytoafulldayonChristmasEve,NewYear'sEveandtheeveofLunarNewYear.TheSouthChinaMorningPostFinancialfirms'racetolistfirstSPACinHongKongheatsupasHKEXdecisionnearsFinancialfirmsarebusyworkingwithwealthyclientstobeamongthefirsttolistspecialpurposeacquisitionscompanies(SPACs)inthecityinanticipationofHongKongExchangesandClearing(HKEX)givingitsapprovaltoblank-chequecompanies,accordingtoindustryplayers.HKEXchiefexecutiveNicholasAguzinonWednesdaysaidadecisiononSPACswillbemadesoonafterthe45-dayconsultationperiodendsonSunday,hintingthatthefirstlistingcouldhappenshortly.SingaporeExchangealSouthChinaMorningPostHKEXbossoptimisticonIPOoutlookafterthird-quarterprofitfallsduetoslumpininvestmentincomeThechiefexecutiveofexchangeoperatorHongKongExchangesandClearing(HKEX)remainspositiveontheoutlookofinitialpublicofferingsinthecitydespiteamarkedslowdowninthelastquarter.NicolasAguzinsaidthepipelineofIPOapplicationsstoodatover200attheendofSeptember,oneofitshighestlevelsonrecord.Itincludes50healthcarecompanies,reflectingHongKong'sincreasingglobalroleasabiotechfundinghub"TheIPOmarketinthethirdquarterreflectsthecautiousSouthChinaMorningPostHongKong'naturally'suitedtodevelopingcarbontradingproducts,canleverageGuangzhouexchangelink,expertssayItwasnottoolateforHongKongtodevelopcarbonemissionsfuturesproducts,asthemarketinmainlandChinawasstillinitsnascentstages,andexchangesoverseasdidnotcovercarbonemissionsoffsetstradedintheworld'ssecond-largesteconomy,industrywatcherssaid.Thecitywasalsoanaturalplacetohostavoluntarycarbontradingplatformbecauseitwasaninternationalfinancehub,aswellasthelargestoffshoreyuancentre."WithproximitytomainlandChinaanduniqueaccesstoSouthChinaMorningPostCarrieLamsetsHongKonguptoenhanceroleaslinkbetweenChinaandinternationalfinancialmarketsinpolicyaddressCarrieLamChengYuet-ngor,HongKong'sleader,onWednesdayoutlinedanumberofmeasuresaimedatfurtherenhancingthecity'sroleasaninternationalfinancialhubamidanongoingintegrationwithBeijing'sGreaterBayAreadevelopmentplan.ThemeasureslaidoutbyLam,whowasgivingherlastpolicyaddressasthecity'schiefexecutive,includedallowingmainlandChineseinvestorstotradeHongKongstocksintheyuananddeepeningcollaborationbetweenexchangeoperatorsinHongKongandSouthChinaMorningPostHKEX,HSBCback'mBridge'digitalcurrencyprojectinvolvingcentralbanksofHongKong,China,ThailandandUAEHongKong'sfinancialcommunityhasgivenitsbackingtoasovereigndigitalcurrencyprojectbeingtestedbythecentralbanksofHongKongandChina,sayingtheyarereadytotestcross-borderfinancialpaymentsusingtheblockchain."mBridge"-adigitalcurrencyplatformbeingdevelopedbythecentralbanksofHongKong,China,ThailandandtheUnitedArabEmirates-couldhelpconductallforeignexchangetransactionsinrealtimeandreducecosts,seniorfinanceexecutivessaidattheTreaSouthChinaMorningPostHongKongproposesSPAClistings,restrictstoprofessionalinvestorsHongKongwillonlyallowlargeblank-chequecompaniesthatraiseatleastHK$1billion(US$128million)tolistonitsmainboardandbanretailinvestorsfrombuyingtheseso-calledspecialpurposeacquisitioncompanies(SPACs),accordingtoproposedrulechangesbyHongKongExchangesandClearing(HKEX).InaconsultationpaperissuedonFriday,thebourseoperatorproposedarangeoftoughcriteriaforSPACslistings,includingrequiringtargetcompaniestomeetitsnormallistingrequiremeSouthChinaMorningPostChinagivesthenodforinvestorstobuyoffshoredebtviaHongKong,openingthesouthboundlegofBondConnectMainlandChina'sinvestorswillbeallowedtobuyandselloffshoredebtthroughHongKonginawideningoftheBondConnecttransborderinvestmentchannelthatenhancesthecity'sroleasChina'sfinancialcentre.Theso-calledsouthboundlegoftheBondConnectwilltakeeffectfromSeptember24,accordingtoanannouncementbytheHongKongMonetaryAuthority(HKMA),thecity'sdefactocentralbank."ThelaunchofsouthboundtradingofBondConnectmarksanothermilestoneofmutualaccessbe 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PeopleAlsoWatchSymbolLastPriceChange%Change0005.HKHSBCHoldingsplc44.850+0.850+1.93%0939.HKChinaConstructionBankCorporation5.330+0.070+1.33%0941.HKChinaMobileLimited46.700+0.050+0.11%2628.HKChinaLifeInsuranceCompanyLimited13.120+0.040+0.31%2318.HKPingAnInsurance(Group)CompanyofChina,Ltd.55.450+0.100+0.18%15.1Low9thpercentileRecommendationRating2.11StrongBuy2Buy3Hold4Under-perform5SellAnalystPriceTargets(24)Current 450.80Average 543.03Low 459.67High 640.00CompanyProfileTwoExchangeSquare8thFloor8ConnaughtPlaceCentralHongKong85225221122http://www.hkex.com.hkSector(s): FinancialServicesIndustry: FinancialData&StockExchangesFullTimeEmployees: 2,204HongKongExchangesandClearingLimited,togetherwithitssubsidiaries,ownsandoperatesstockexchangesandfuturesexchanges,andrelatedclearinghousesinHongKong,MainlandChina,andtheUnitedKingdom.Itoperatesthroughfivesegments:Cash,EquityandFinancialDerivatives,Commodities,PostTrade,andTechnology.TheCashsegmentcoversvariousequityproductstradedonthecashmarketplatformsoftheStockExchangeofHongKongLimited,theShanghaiStockExchange,andtheShenzhenStockExchange;saleofmarketdatarelatingtotheproducts;andotherrelatedactivities.TheEquityandFinancialDerivativessegmentprovidesandmaintainstradingplatformsforarangeofequityandfinancialderivativeproducts,suchasstockandequityindexfuturesandoptions,derivativewarrants,andcallablebull/bearcontractsandwarrants,aswellassellsrelatedmarketdata.TheCommoditiessegmentoperatesanexchangeforthetradingofbase,ferrous,andpreciousmetalsfuturesandoptionscontractsintheUnitedKingdom;andoperatesQianhaiMercantileExchangeCo.,Ltd.,acommoditytradingplatformintheMainland.ThissegmentalsocoverscommoditiescontractstradedonFuturesExchange.ThePostTradesegmentoperatesclearinghousesthatareresponsibleforclearing,settlement,depository,custodian,andnomineeservices.TheTechnologysegmentoffersvariousservicesthatprovideuserswithaccesstotheplatformandinfrastructure.Thecompanyservesissuersandinvestors.HongKongExchangesandClearingLimitedisbasedinCentral,HongKong.MoreaboutHongKongExchangesandClearingLimited 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