HKEX 2019 profit up, coronavirus renews uncertainty


HONG KONG: Hong Kong Exchanges and Clearing Ltd (HKEX) warned the coronavirus outbreak had brought renewed uncertainty to its business, as it shrugged off political turmoil at home and abroad to post a small rise in annual profit on Wednesday.

A good market for initial public offerings and strong revenue from Stock Connect, which links the Hong Kong and Shanghai and Shenzhen exchanges, made up for a decline in trading volumes.

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