The main business is to own and operate the only stock exchange and futures exchange in Hong Kong and its related clearing houses. The chairman is Ronald ARCULLI, and the CEO is Zhou.
Securities trading in Hong Kong has a long history, which appeared as early as the opening of Hong Kong in the19th century. However, it was not until 189 1 Hong Kong Brokerage Association was established that there was a formal stock exchange market in Hong Kong.
19 14, the association changed its name to Hong Kong Brokers Association. 192 1 year, Hong Kong Stock Exchanges Association was incorporated as the second exchange in Hong Kong. After World War II, the two exchanges merged into the Hong Kong Stock Exchange on 1947.
Sihui era
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 first four exchanges in Hong Kong and their founding years;
★ Hong Kong Stock Exchange-1947
★ Far East Stock Exchange-196965438+February 17
★ Gold and silver stock exchange-1971September 15
★ Kowloon Stock Exchange-1972
The merger of four associations.
There are four exchanges in a city, which is rare in the world, and it also brings administrative and regulatory difficulties. Under the pressure of the Hong Kong government, the merger of the four institutes is imperative.
1980, The Stock Exchange of Hong Kong Limited was established. After years of preparation, the four associations were formally merged on April 2 1986, and 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 Exchange Square in Central, Hong Kong, and uses a computer-aided trading system to conduct securities trading. 1986 On September 22nd, the stock exchange was accepted as a full member of international federation of stock exchanges.