| Hong Kong Exchanges and Clearing, which operates the city's stock and futures markets, reported its profit attributable to shareholders gained 2 per cent in the first quarter. The result was aided by rising fee income from commodities trading and an increase in the number of new listings.
The exchange yesterday said profit for the three months to March stood at HK$1.18 billion, up from HK$1.16 billion a year earlier. The growth was driven by a 5 per cent annual increase in revenue to HK$2.34 billion, which offset a 10 per cent increase in expenses to HK$734 million...............................................Full Article: Source |