US$9mil revenue from Stock Connect


HONG KONG: Hong Kong’s stock exchange operator said a stock connect programme with Shanghai that launched on Nov 17 contributed just US$8.8mil to revenue last year, showing how disappointing trading on the programme has capped profit growth.

Hong Kong Exchanges and Clearing Ltd (HKex), as it is formally known, said in a filing in Hong Kong that the stock connect programme contributed HK$68mil in revenue in 2014.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , HKEX , earnings , bourse

   

Next In Business News

Volkswagen to establish Malaysia as export hub - Tengku Zafrul
Microsoft's staggering investment a technological shot in the arm for Malaysia
More job replenishment opportunities for Kerjaya Prospek
Philippines Q1 GDP grows 5.7% y/y
Ringgit opens easier against US$ ahead of OPR decision
FBM KLCI drifts as investors await fresh leads
Trading ideas: Axiata, Mega First, Vstecs, Pharmaniaga, Sarawak Cable, Paragon Globe, CIMB, IHH, Ni Hsin
Thai business group cuts 2024 GDP growth forecast
TotalEnergies mulls moving listing to Wall St
Rig dearth aggravates Indonesia’s declining oil and gas production

Others Also Read