19 14 changed its name to the hong kong stock exchange, and 192 1 2000 established the second stock exchange in hong kong-the hong kong association of securities brokers.
1947, the two exchanges merged into the Stock Exchange of Hong Kong Limited. By the end of 1960s, the original exchange in Hong Kong could not meet the needs of the prosperity and development of the stock market.
After 1969, three exchanges, namely Far East, Jinyin and Jiulong, were established one after another, and the Hong Kong stock market entered the so-called "four-meeting era" in which the four major exchanges coexisted. The original four exchanges in Hong Kong and their establishment dates: Hong Kong Exchange was established at 1947, and Far East Exchange was established at 1969, 12, 17. The Gold and Silver Stock Exchange was established in1971September 15, and the Kowloon Stock Exchange was established in 1972.
At that time, the HKEx was mainly managed by the British, and most of the listed companies were British-funded enterprises. 1At the end of the 1960s, Hong Kong's economy took off, and the demand for Chinese companies to raise funds through listing increased day by day, which led to the opening of more exchanges owned and managed by Chinese companies, and the establishment of the Far East Exchange, the Gold and Silver Exchange and the Kowloon Stock Exchange.
The stock market crash of 1973- 1974 fully exposed the disadvantages brought by the coexistence of the four major securities markets in Hong Kong.
1980, The Stock Exchange of Hong Kong Limited was established.
On March 27th, 1986, the four exchanges formally merged to form the Stock Exchange of Hong Kong.
1On April 2, 986, the Stock Exchange opened and began to enjoy the exclusive right to establish, operate and maintain the securities market in Hong Kong. The Stock Exchange began to operate, becoming the only stock exchange in Hong Kong, and the Hong Kong stock market entered a new era. The trading hall of the stock exchange is located in the Hong Kong Exchange Square, and the computer-aided trading system is used for securities trading.
1986 On September 22nd, the stock exchange was accepted as a full member of international federation of stock exchanges.
1998 during the Asian financial turmoil, Hong Kong's securities market gradually matured.
1999 Donald Tsang, the then Financial Secretary, announced a comprehensive reform of Hong Kong's securities and futures markets to enhance Hong Kong's competitiveness and meet the challenges brought about by market globalization. It is proposed that the Stock Exchange of Hong Kong Limited (SEHK) and Hong Kong Futures Exchange Limited (HKFE) be demutualized and merged with Hong Kong Securities Clearing Company Limited (HKSCC) to be owned by a single holding company, Hong Kong Exchanges and Clearing Limited. At that time, SEHK had 570 member companies.
On March 6, 2000, Hong Kong Exchanges and Clearing Limited was established, with three wholly-owned subsidiaries: Stock Exchange of Hong Kong Limited, Hong Kong Futures Exchange Limited and Hong Kong Securities Clearing Limited. The merger of these three institutions has been completed.
On June 27th, 2000, the Hong Kong Stock Exchange (HKEx: 00388) was listed on the Stock Exchange.
By the first quarter of 2007, HKEx had total assets of HK$ 43.5 billion, net assets of HK$ 6.2 billion, net profit of HK$ 920 million, up 93% year-on-year, and daily turnover of HK$ 52.9 billion.
As of September 1 1 day, 2007, the Hong Kong SAR Government was the single largest shareholder of HKEx, holding 5.88%. Followed by JPMorgan Chase: 5.54%, Citibank: 4. 13%, horizontal assets: 2.30%.
As of June 5438+February 3, 2008, there were 465 mainland enterprises listed in Hong Kong, accounting for 37% of the total number of listed enterprises, with a market value of about 6 1 and 6 1 billion Hong Kong dollars, accounting for about 60% of the total market value. From 1993 to the end of 2008, mainland enterprises raised more than 12 trillion Hong Kong dollars in Hong Kong.
On 20 1 1 August11day, the website of the "easy disclosure" of the Hong Kong Stock Exchange, which published information on listed companies, was hacked in the morning and could not display information. Including 7 shares of HSBC and 1 bonds, were forced to suspend trading in the afternoon. The Ministry of Communications of Hong Kong has reported the case to the police.
20111/in October, the Brazilian Stock and Futures Exchange, the Moscow Interbank Foreign Exchange Exchange Exchange, the Bombay Stock Exchange of India, the Hong Kong Exchanges and Clearing Limited and the Johannesburg Stock Exchange of South Africa announced the establishment of the BRICS Stock Exchange Union at the meeting of the International Stock Exchange Association held in South Africa.
On 201110/0/2/0/0, HKEx and Zhongguancun formally signed an agreement, regarding the promotion of overseas listing of enterprises as a strategic memorandum.
2065438+April 2002 1 day, became the first exchange approved to set up a "data station" in Shanghai, which can directly provide the fastest and latest quotations for Hong Kong stocks in the future.
20 12, 18 On June 5th, London Metal Exchange was successfully acquired by13.88 million.
On September 26th, 20 12, a joint venture company "China Stock Exchange Service Co., Ltd." was established with Shanghai and Shenzhen Stock Exchanges. It is planned to launch a brand-new cross-border index series at the end of 20 12, and launch related index products in the first quarter of 20 13.
2012165438+129 October, Hong Kong Exchanges and Clearing Limited announced that the Financial Services Authority (FSA) of the United Kingdom had approved HKEx to gain control of the London Metal Exchange (LME).
During September 20 13 and June 20 10, HKEx also held a series of half-day seminars on 12. 20 13165438+1October13 The Hong Kong Stock Exchange announced that it would donate 300,000 yuan to the Hong Kong Red Cross to support the disaster relief work of Typhoon Haiyan.
20 14 Hong Kong Exchanges and Clearing announced that RMB currency futures trading will be launched during after-hours trading on April 7. Li Xiaojia, Chief Executive Officer of HKEx, said that the two-way fluctuation of RMB exchange rate will become the norm, which will prepare for the interconnection between the mainland and Hong Kong stock markets.
According to the latest arrangement, HKEx's trading, settlement and risk management measures will be applicable to RMB currency futures trading between 5 pm and 1 1 every day. During the daytime trading hours of each contract month, the fluctuation range is limited to within 3% of the final trading price. If the contract month is not concluded during the day, the settlement price of the previous day will be taken as the reference price.
In addition, since the same day, HKEx has launched the fourth quarterly contract month of RMB futures contracts, and the number of contract months has increased to eight, with the longest contract period of 16 months. HKEx is evaluating the feasibility of extending the futures trading hours until midnight after the market is closed, and it is expected that there will be a longer overlap with the US market.