Hong Kong Exchanges and Clearing Limited (HKEx: 0388), a holding company listed in China and Hong Kong, is one of the major exchanges in the world.
HKEx operates exchanges in China, Hongkong and London. Its members include The Stock Exchange of Hong Kong Limited, Hong Kong Futures Exchange Limited, Hong Kong Securities Clearing Company Limited, Options Clearing House Limited and Hong Kong Futures Clearing Company Limited, and the London Metal Exchange (LME), the world's leading base metal market.
On February 24th, 2022, Hong Kong Exchanges and Clearing Limited announced its annual results for 20021,and its net profit reached a new high. The financial report shows that in 20021year, HKEx revenue reached HK$ 20.95 billion, up 9% year-on-year (compared with the same period in 2020); The net profit was HK$ 65.438+02.535 billion, a year-on-year increase of 9%.
The Hong Kong Stock Exchange is the only institution that operates the Hong Kong stock market. Without the consent of the Financial Secretary, no individual or organization may hold more than 5% of the shares of the Stock Exchange of Hong Kong.
On September 1 1, 2006, the Hong Kong Stock Exchange became a component of the Hang Seng Index. From 65438 to 0999, the Financial Secretary of the Hong Kong Special Administrative Region proposed a comprehensive reform of Hong Kong's securities and futures market to enhance Hong Kong's competitiveness and meet the challenges brought by market globalization.
According to the reform plan, the Stock Exchange of Hong Kong Limited (SEHK) and Hong Kong Futures Exchange Limited (HKFE) were demutualized and merged with Hong Kong Securities Clearing Limited (HKSCC), which was owned by a single holding company, the Hong Kong Stock Exchange. The merger of the three companies was completed on March 6, 2000 and listed on the Hong Kong Stock Exchange on June 27, 2000.
transaction system
All transactions in the Hong Kong Stock Exchange are conducted by computers. The first generation of automatic matching transaction system was launched in June1993165438+10, and the second generation was launched in June 1996 65438+ 10. The system connects the terminals of securities companies, so that transactions are no longer limited to the trading hall.
The third generation automatic matching and closing system (AMS/3) was put into service in 2000. Securities brokers can directly input orders into the central processing system for trading through the open connector, which makes the trading faster and increases the trading volume that the exchange can handle.
Hong Kong Stock Exchange With the expansion of the securities market and the need of the future internationalization of the exchange, the Hong Kong Stock Exchange launched the third generation automatic matching and closing system (AMS/3) in June 2000. AMS/3 connects investors, exchange participants, other participants and the central market, making the trading process more efficient.