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.

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