Valuations of HK bourse operator go Interstellar


A man walks past the HKEx logo displayed at the stock exchange in Hong Kong. The HKEx is now the world’s biggest bourse operator with a US43bil market value. — Bloomberg

HONG KONG: For the first time analysts are more bullish about the operator of Hong Kong’s stock market than fast-growing Chinese firms like Lenovo Group and Tencent Holdings.

Shares in Hong Kong Exchanges and Clearing Ltd (HKEx) have risen about 40% in the past six days on an unprecedented flood of mainland investment in Hong Kong stocks.

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Business , Hong Kong , stocks

   

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