HKEX posts record first-half profit as fundraising and trading volumes jump

Hong Kong Exchanges and Clearing reported record first-half 2026 results, with revenue and other income rising 19% from a year earlier to HK$16.702 billion and profit attributable to shareholders increasing 24% to HK$10.568 billion. Strong corporate financing demand and heavier trading across cash equities, derivatives and Stock Connect supported the performance. In the first half, 87 companies listed and raised HK$212.4 billion, up 94% year over year, while average daily spot-market turnover climbed 18% to HK$283 billion, derivatives average daily volume rose 6% to 1.8 million contracts, and average daily turnover through the Shanghai and Shenzhen Stock Connect links reached RMB345.3 billion, more than double the year-earlier level. HKEX shares closed at HK$414.6, up 2.37%, after the results. The exchange also said its chief executive had secured a new three-year term from March 1, 2027 to Feb. 28, 2030 with Securities and Futures Commission approval, although reports differed on whether the executive was Bonnie Y Chan or Charles Li. Goldman Sachs and J.P. Morgan kept positive ratings, and HKEX said it was pushing market-structure measures including consultations on a shorter settlement cycle, simpler board lots, the first ETF tracking the Hong Kong Stock Exchange Technology 100 Index and China government bond futures.

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