Hong Kong Exchanges and Clearing Ltd

00388: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Hong Kong Exchanges and Clearing Earnings: Strong Result but Normalization Expected to Follow

Roy Van Keulen

Apr 30, 2026

Hong Kong Exchanges and Clearing's first-quarter earnings per share increased 27%, driven by a 22% increase in revenue, as trading and clearing fees grew 18% and 33%, respectively. Operating expenses increased by a mere 2%.

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Hong Kong Exchanges and Clearing Ltd

Hong Kong Exchanges and Clearing Earnings: Strong Result but Normalization Expected to Follow

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